| 1 | 1 | | |
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| 2 | 2 | | HB0119a -1- HB 119 |
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| 3 | 3 | | New Text Underlined [DELETED TEXT BRACKETED] |
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| 4 | 4 | | |
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| 5 | 5 | | 34-LS0613\A |
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| 10 | 10 | | |
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| 11 | 11 | | HOUSE BILL NO. 119 |
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| 12 | 12 | | |
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| 13 | 13 | | IN THE LEGISLATURE OF THE STATE OF ALASKA |
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| 14 | 14 | | |
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| 15 | 15 | | THIRTY-FOURTH LEGISLATURE - FIRST SESSION |
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| 16 | 16 | | |
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| 17 | 17 | | BY REPRESENTATIVES STAPP, Carrick, Prax, Tomaszewski |
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| 18 | 18 | | |
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| 19 | 19 | | |
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| 20 | 20 | | Introduced: 2/26/25 |
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| 21 | 21 | | Referred: State Affairs, Resources |
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| 22 | 22 | | |
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| 23 | 23 | | |
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| 24 | 24 | | A BILL |
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| 25 | 25 | | |
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| 26 | 26 | | FOR AN ACT ENTITLED |
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| 27 | 27 | | |
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| 28 | 28 | | "An Act relating to an in-state natural gas pipeline developed by the Alaska Gasline 1 |
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| 29 | 29 | | Development Corporation; and providing for an effective date." 2 |
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| 30 | 30 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 3 |
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| 31 | 31 | | * Section 1. AS 31.25.005 is amended to read: 4 |
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| 32 | 32 | | Sec. 31.25.005. Purpose. The corporation shall, for the benefit of the state, to 5 |
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| 33 | 33 | | the fullest extent possible, 6 |
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| 34 | 34 | | (1) develop and have primary responsibility for developing natural gas 7 |
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| 35 | 35 | | pipelines, an Alaska liquefied natural gas project, and other transportation mechanisms 8 |
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| 36 | 36 | | to deliver natural gas in-state for the maximum benefit of the people of the state; 9 |
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| 37 | 37 | | (2) when developing natural gas pipelines, an Alaska liquefied natural 10 |
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| 38 | 38 | | gas project, and other transportation mechanisms to deliver natural gas in-state, 11 |
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| 39 | 39 | | provide economic benefits in the state and revenue to the state; 12 |
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| 40 | 40 | | (3) assist the Department of Natural Resources and the Department of 13 |
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| 41 | 41 | | Revenue to maximize the value of the state's royalty natural gas, natural gas delivered 14 34-LS0613\A |
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| 42 | 42 | | HB 119 -2- HB0119a |
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| 43 | 43 | | New Text Underlined [DELETED TEXT BRACKETED] |
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| 44 | 44 | | |
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| 45 | 45 | | to the state as payment of tax, and other natural gas received by the state; 1 |
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| 46 | 46 | | (4) advance an in-state natural gas pipeline as described in the July 1, 2 |
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| 47 | 47 | | 2011, project plan prepared under former AS 38.34.040 by the corporation while a 3 |
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| 48 | 48 | | subsidiary of the Alaska Housing Finance Corporation, with modifications determined 4 |
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| 49 | 49 | | by the corporation to be appropriate to develop, finance, construct, and operate an in-5 |
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| 50 | 50 | | state natural gas pipeline in a safe, prudent, economical, and efficient manner, for the 6 |
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| 51 | 51 | | purpose of making natural gas, including propane and other hydrocarbons associated 7 |
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| 52 | 52 | | with natural gas other than oil, available to Fairbanks, the Southcentral region of the 8 |
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| 53 | 53 | | state, and other communities in the state at the lowest rates possible; an in-state 9 |
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| 54 | 54 | | natural gas pipeline advanced under this paragraph must include a direct spur 10 |
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| 55 | 55 | | line to the City of Fairbanks and the Fairbanks North Star Borough; 11 |
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| 56 | 56 | | (5) advance an Alaska liquefied natural gas project by developing 12 |
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| 57 | 57 | | infrastructure and providing related services, including services related to 13 |
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| 58 | 58 | | transportation, liquefaction, a marine terminal, marketing, and commercial support; if 14 |
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| 59 | 59 | | the corporation provides a service under this paragraph to the state, a public 15 |
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| 60 | 60 | | corporation or instrumentality of the state, a political subdivision of the state, or 16 |
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| 61 | 61 | | another entity of the state, the corporation may not charge a fee for the service in an 17 |
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| 62 | 62 | | amount greater than the amount necessary to reimburse the corporation for the cost of 18 |
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| 63 | 63 | | the service; 19 |
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| 64 | 64 | | (6) endeavor to develop natural gas pipelines and other transportation 20 |
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| 65 | 65 | | mechanisms to deliver natural gas, including propane and other hydrocarbons 21 |
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| 66 | 66 | | associated with natural gas other than oil, to public utility and industrial customers in 22 |
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| 67 | 67 | | areas of the state to which the natural gas, including propane and other hydrocarbons 23 |
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| 68 | 68 | | associated with natural gas other than oil, may be delivered at commercially 24 |
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| 69 | 69 | | reasonable rates; and 25 |
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| 70 | 70 | | (7) endeavor to develop natural gas pipelines and other transportation 26 |
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| 71 | 71 | | mechanisms that offer commercially reasonable rates for shippers and access for 27 |
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| 72 | 72 | | shippers who produce natural gas, including propane and other hydrocarbons 28 |
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| 73 | 73 | | associated with natural gas other than oil, in the state. 29 |
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| 74 | 74 | | * Sec. 2. This Act takes effect immediately under AS 01.10.070(c). 30 |
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