Topics include:
- Oil tax legislation
- Gas pipeline
- Tougher penalties for human trafficking
From Governor Parnell's "Legislative Priorities" webpage.
Your Daily Look at the Alaska Legislature, State Issues and How You Can Make a Difference
- Oil tax legislation
- Gas pipeline
- Tougher penalties for human trafficking
From Governor Parnell's "Legislative Priorities" webpage.
Here are a few links to key information about this past session of the Alaska Legislature.
What bills and resolutions passed
Operating Budget FY 2013 HB 284
The Four Caucus Groups’ Sites:
This is from the Alaska Legislature’s official website…Maggie
Bills and Resolutions Passed by the Alaska Legislature in 2012 session.
___________________________________________________
Bills and Resolutions Passed by |
|||||
Both House and Senate This Session |
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BILL |
SHORT TITLE |
SPONSOR(s) |
|||
| HB 6 | REMOVING A REGENT | GRUENBERG | |||
| HB 19 | SPECIAL REQUEST LICENSE PLATES | LYNN, GATTO | |||
| HB 21 | SUICIDE PREVENTION COUNCIL MEMBERS | ** FAIRCLOUGH, GARDNER | |||
| HB 56 | INCLUDE ARSON IN CRIMES OF CONSPIRACY | ** GATTO, GRUENBERG | |||
| HB 60 | GEODUCK AQUATIC FARMING/SEED TRANSFER | SEATON | |||
| HB 65 | SENIOR CITIZEN HOUSING DEV. FUND GRANTS | ** EDGMON, HERRON | |||
| HB 78 | INCENTIVES FOR CERTAIN MEDICAL PROVIDERS | HERRON | |||
| HB 121 | LOAN FUNDS:CHARTERS/MARICULTURE/MICROLOAN | RLS BY REQUEST OF THE GOVERNOR | |||
| HB 125 | ALCOHOLIC BEVERAGE CONTROL BOARD | RLS BY REQUEST OF LEG BUDGET & AUDIT | |||
| HB 129 | DECEASED VETERAN DEATH CERTIFICATE | GRUENBERG | |||
| HB 131 | COMMUNITY AND TRANSPORTATION ADV. BOARD | MUNOZ | |||
| HB 144 | REPORT ON FISHING STREAM ACCESS | GARA | |||
| HB 146 | LAND TRANSFER FROM STATE AND ALASKA RR | T.WILSON | |||
| HB 169 | LAA REVIEW OF PROPOSED REGULATIONS | JUDICIARY | |||
| HB 196 | BULK FUEL LOANS/POWER PROJECT FUND | EDGMON | |||
| HB 216 | REGULATIONS: INFORMATIVE SUMMARY/BILLS | P.WILSON | |||
| HB 224 | SALES OF NICOTINE PRODUCTS TO MINOR | SEATON | |||
| HB 229 | BIG GAME COMMERCIAL SERVICES BOARD | FEIGE | |||
| HB 245 | GAMING:SNOW CLASSIC/BROADCASTING/INTERNET | HAWKER | |||
| HB 246 | NAMING CERTAIN BRIDGES & AIRPORTS | THOMAS | |||
| HB 247 | ALASKA NATIONAL GUARD DAY | ** LYNN, THOMPSON | |||
| HB 250 | EXTEND RENEWABLE ENERGY GRANT FUND | ** THOMAS, P.WILSON | |||
| HB 255 | READING OR TYPING MESSAGE WHILE DRIVING | ** GARA, THOMAS | |||
| HB 258 | NATURALLY OCCURRING ASBESTOS | JOULE | |||
| HB 261 | COMMERCIAL FISHING ENTRY PERMIT LOANS | ** EDGMON, MILLETT | |||
| HB 267 | REAL ESTATE SALES LICENSEES/COM’N | MUNOZ, OLSON | |||
| HB 269 | COMMON INTEREST COMMUNITIES | HOLMES | |||
| HB 274 | UNFAIR TRADE PRACTICES | HOLMES, OLSON | |||
| HB 286 | G.O. BONDS: TRANSPORTATION PROJECTS | RLS BY REQUEST OF THE GOVERNOR | |||
| HB 291 | PUBLIC NOTICES POSTED AT POST OFFICES | RLS BY REQUEST OF LEGISLATIVE COUNCIL | |||
| HB 295 | CLOSING CERTAIN LAND TO MINERAL ENTRY | HAWKER | |||
| HB 296 | ESCAPE/SERVICE ON PRISONERS/MONITORING | JUDICIARY | |||
| HB 298 | EXEMPTIONS FROM MINING TAX | SEATON | |||
| HB 301 | BOATING REGULATION: SUNSET/ENFORCEMENT | AUSTERMAN | |||
| HB 307 | SUPPLEMENTAL/CAPITAL/OTHER APPROPRIATIONS | RLS BY REQUEST OF THE GOVERNOR | |||
| HB 310 | STATE IMMUNIZATION PROGRAM | HERRON | |||
| HB 311 | REPORTS TO APOC | RLS | |||
| HB 314 | ALASKA RAILROAD LAND LEASES | LABOR & COMMERCE | |||
| HB 316 | MILITARY FACILITY ZONES | THOMPSON | |||
| HB 333 | CAMPAIGN CONTRIBUTIONS/POET ACCTS | HAWKER | |||
| HB 343 | DISCLOSURE OF CHILDREN’S RECORDS | MUNOZ | |||
| HB 361 | DISPOSALS OF STATE RESOURCES/ROYALTIES | RLS BY REQUEST OF THE GOVERNOR | |||
| HCR 18 | COMMERCIAL FISHERIES PROGRAMS | FISHERIES | |||
| HCR 20 | AMERICAN HEART MONTH | P.WILSON | |||
| HCR 23 | ALASKA ARCTIC POLICY COMMISSION | FINANCE | |||
| HCR 28 | SEXUAL ASSAULT AWARENESS MONTH | COMMUNITY & REGIONAL AFFAIRS | |||
| HCR 29 | SUSPEND UNIFORM RULES FOR SB 135 | FINANCE | |||
| HCR 30 | SUSPEND UNIFORM RULES FOR SB 210 | JUDICIARY | |||
| HCR 33 | SUSPEND UNIFORM RULES FOR SB 182 | FINANCE | |||
| HCR 34 | SUSPEND UNIFORM RULES FOR SB 25 | LABOR & COMMERCE | |||
| HCR 35 | SUSPEND UNIFORM RULES FOR SB 66 | FINANCE | |||
| HCR 38 | SUSPEND UNIFORM RULES FOR SB 104 | RLS | |||
| HCR 39 | SUSPEND UNIFORM RULES FOR SB 136 | FINANCE | |||
| HJR 20 | ROADLESS RULE & CHUGACH AND TONGASS HYDRO | JOHANSEN | |||
| HJR 29 | BLM LEGACY OIL WELL CLEAN UP/AWARENESS | MILLETT | |||
| HJR 34 | COAST GUARD ICEBREAKERS & ARCTIC BASE | HERRON | |||
| SB 25 | AIDEA: SUSTAINABLE ENERGY/ INTEREST RATE | MCGUIRE | |||
| SB 30 | RETURN OF SEIZED PROPERTY | DYSON | |||
| SB 66 | AIDEA: NEW MARKETS TAX CREDIT PROGRAM | RLS BY REQUEST OF THE GOVERNOR | |||
| SB 74 | INS. COVERAGE: AUTISM SPECTRUM DISORDER | ELLIS | |||
| SB 82 | FOSTER CARE LICENSING/STATE CUSTODY | DAVIS | |||
| SB 86 | PROTECTION OF VULNERABLE ADULTS/MINORS | RLS BY REQUEST OF THE GOVERNOR | |||
| SB 89 | LEGISLATIVE ETHICS ACT | COGHILL | |||
| SB 91 | SPORT FISHING GUIDING SERVICES | MCGUIRE | |||
| SB 92 | DENTISTS/DENTAL HYGIENISTS/ASSISTANTS | EGAN | |||
| SB 104 | MANUFACTURED HOMES AS REAL PROPERTY | FRENCH | |||
| SB 119 | ATHLETIC TRAINERS | MEYER | |||
| SB 122 | REAL ESTATE TRANSFER FEES/TITLE INSURANCE | LABOR & COMMERCE | |||
| SB 125 | MOTOR VEHICLE TRANSACTIONS | MEYER | |||
| SB 127 | FETAL ALCOHOL DISORDERS AWARENESS DAY | MEYER | |||
| SB 130 | ALASKA NATIVE LANGUAGE COUNCIL | OLSON | |||
| SB 135 | CRIME VICTIMS/ADVOCATE/DA/PD/CONTINUANCES | FRENCH | |||
| SB 136 | INCOME TAX CREDIT FOR EMPLOYING A VETERAN | WIELECHOWSKI | |||
| SB 137 | SUICIDE AWARENESS & PREVENTION TRAINING | DAVIS | |||
| SB 140 | CATHINONE BATH SALTS | ** MEYER, GIESSEL | |||
| SB 151 | FETAL ALCOHOL SPEC. DISORDER AS MITIGATOR | MEYER | |||
| SB 173 | 2012 REVISOR’S BILL | RLS BY REQUEST OF LEGISLATIVE COUNCIL | |||
| SB 182 | PUPIL TRANSPORTATION FUNDING | EDUCATION | |||
| SB 202 | RESUSCITATION PROTOCOL DOCUMENTS | EGAN | |||
| SB 210 | CRIMES/SENTENCING/PAROLE/VICTIMS | MCGUIRE | |||
| SCR 11 | WALTER HICKEL DAY OF THE ARCTIC | FRENCH | |||
| SCR 16 | CELIAC DISEASE AWARENESS MONTH | GIESSEL | |||
| SCR 17 | GIRL SCOUTS 100TH ANNIVERSARY | DAVIS | |||
| SCR 18 | RAOUL WALLENBERG REMEMBRANCE DAY | DYSON | |||
| SCR 19 | PROCLAIMING UNITED STATES MARSHALS DAY | DYSON | |||
| SCR 20 | DECORATION OF HONOR | WIELECHOWSKI | |||
| SCR 21 | UNIFORM RLS:EDUC./HSS STANDING COMMITTEES | EDUCATION | |||
| SCR 24 | COMMISSION ON 100TH ANNIV. OF LEGISLATURE | RLS BY REQUEST | |||
| SCR 25 | SUSPEND UNIFORM RULES FOR HJR 29 | RESOURCES | |||
| SCR 26 | SUSPEND UNIFORM RULES FOR HB 129 | STATE AFFAIRS | |||
| SCR 28 | SUSPEND UNIFORM RULES FOR HJR 20 | RESOURCES | |||
| SCR 33 | SUSPENDING UNIFORM RULES FOR HB 246 | FINANCE | |||
| SCR 36 | SUSPEND UNIFORM RULES FOR HB 333 | RLS | |||
| SCR 37 | SUSPEND UNIFORM RULES FOR HB 121 | FINANCE | |||
| SCR 39 | SUSPEND UNIFORM RULES FOR HB 361 | FINANCE | |||
| SCR 41 | SUSPEND UNIFORM RULES FOR HB 218 | JUDICIARY | |||
| SJR 17 | ARCTIC COUNCIL TASK FORCE | MCGUIRE | |||
| SJR 20 | RELOCATION OF 18TH F-16 SQUADRON | STATE AFFAIRS | |||
From the House Majority…Maggie
+-----------------------------------------------------------------------+ Bill Activity for Apr. 16, 2012 As of: 01:00:04 am Alaska Time +-----------------------------------------------------------------------+ HB 104 : Alaska Performance Scholarships Sponsor Statement: http://www.legis.state.ak.us/basis/get_jrn_page.asp?session=27&bill=HB104&jrn=0052&hse=H +-----------------------------------------------------------------------+ HB 121 : Loan Funds: Charters/ Mariculture/ Microloan Sponsored by the Hou. Rules by Request of the Governor An Act relating to certain commercial fishing loans and to loans for the purchase of fishing quota shares by certain community quota entities and establishing the commercial charter fisheries revolving loan fund, the mariculture revolving loan fund, and the Alaska microloan revolving loan fund and relating to those funds and loans from those funds; and providing for an effective date. Version: SCS CSHB 121(FIN) Status: PASSED (S) >> AWAIT TRANSMIT GOV Sponsor Statement: http://www.legis.state.ak.us/basis/get_jrn_page.asp?session=27&bill=HB121&jrn=0107&hse=H +-----------------------------------------------------------------------+ HB 125 : Alcoholic Beverage Control Board * House Majority Legislation Sponsored by the Hou. Rules by Request of the Legislative Budget & Audit Committee An Act moving the Alcoholic Beverage Control Board to the Department of Commerce, Community, and Economic Development and relating to duties of that department; relating to the exercise of peace officer powers granted by the Alcoholic Beverage Control Board; and providing for an effective date. Version: CSHB 125(L&C)(EFD AM) Status: (S) RLS >> PASSED (S) Contact: Juli Lucky, 465-4949 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb125-46 +-----------------------------------------------------------------------+ HB 190 : PFD Allowable Absence * House Majority Legislation Sponsored by Rep. Eric Feige An Act relating to allowable absences from the state for purposes of eligibility for permanent fund dividends; and providing for an effective date. Version: CSSSHB 190(FIN) Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Michael Paschall, 465-5446 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb190-113 +-----------------------------------------------------------------------+ HB 264 : Muni Property Tax Deferral: Subdivisions * House Majority Legislation Sponsored by Rep. Cathy Munoz An Act allowing a deferral of municipal property taxes on the increase in the value of real property attributable to subdivision of that property; and providing for an effective date. Status: PASSED (S) >> WITHDRAWN BY SPONSO Contact: Christopher Clark, 465-3789 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb264-238 +-----------------------------------------------------------------------+ HB 279 : Extending Certain Boards & Commissions Contact: Juli Lucky, 465-4949 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb279-249 +-----------------------------------------------------------------------+ HB 282 : Military Training Credit/Temp. License * House Majority Legislation Sponsored by Rep. Bill Thomas An Act relating to applying military education, training, and service credit to occupational licensing and certain postsecondary education and employment training requirements; providing for a temporary occupational license for qualified military service members; and providing for an effective date. Version: CSHB 282(FIN) Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Aaron Schroeder, 465-3732 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb282-185 +-----------------------------------------------------------------------+ HB 284 : Appropriation: Operating Budget/ Loans/ Funds Sponsored by the Hou. Rules by Request of the Governor An Act making appropriations for the operating and loan program expenses of state government and for certain programs, capitalizing funds, amending appropriations, and making reappropriations; and providing for an effective date. Version: CCS HB 284 Status: CC REPORT ADPTD (H) >> AWAIT TRANSMIT GOV Bill Info: http://www.housemajority.org/spon.php?id=27hb284 +-----------------------------------------------------------------------+ HB 285 : Appropriation: Mental Health Budget Sponsored by the Hou. Rules by Request of the Governor An Act making appropriations for the operating and capital expenses of the state's integrated comprehensive mental health program; and providing for an effective date. Version: CCS HB 285 Status: CC REPORT ADPTD (H) >> AWAIT TRANSMIT GOV Bill Info: http://www.housemajority.org/spon.php?id=27hb285 +-----------------------------------------------------------------------+ HB 286 : General Obligation Bonds: Transportation Projects Sponsored by the Hou. Rules by Request of the Governor An Act providing for and relating to the issuance of general obligation bonds for the purpose of paying the cost of state transportation projects; and providing for an effective date. Version: SCS CSHB 286(FIN) Status: PASSED (S) >> AWAIT TRANSMIT GOV Bill Info: http://www.housemajority.org/spon.php?id=27hb286 +-----------------------------------------------------------------------+ HB 295 : Closing Certain Land To Mineral Entry * House Majority Legislation Sponsored by Rep. Mike Hawker An Act approving an interim classification by the commissioner of natural resources closing certain land within the Glacier Creek and Winner Creek drainages to new mineral entry; amending the mineral entry closure in sec. 2, ch. 8, SLA 2003, for certain land within the Glacier Creek and Winner Creek drainages; and providing for an effective date. Version: CSHB 295(RES) Status: (S) SUP CAL 4/15 >> PASSED (S) Contact: Juli Lucky, 465-4949 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb295-339 +-----------------------------------------------------------------------+ HB 298 : Exemptions From Mining Tax * House Majority Legislation Sponsored by Rep. Paul Seaton An Act exempting quarry rock, sand and gravel, and marketable earth mining operations from the mining license tax; and providing for an effective date. Version: CSHB 298(FIN) Status: (S) SUP CAL 4/15 >> PASSED (S) Contact: Louie Flora, 465-3923 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb298-210 +-----------------------------------------------------------------------+ HB 340 : Petersville Recreational Mining Area * House Majority Legislation Sponsored by Rep. Mark Neuman An Act relating to the reservation of certain mining claims from all uses incompatible with the purposes for establishing the Petersville Recreational Mining Area. Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Rex Shattuck, 465-2679 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb340-263 +-----------------------------------------------------------------------+ HB 345 : Waive Cdl Skill Test For Certain Veterans * House Majority Legislation Sponsored by Rep. Dan Saddler An Act relating to regulations adopted by the Department of Administration waiving the commercial motor vehicle driving skills test for certain drivers with military commercial motor vehicle experience. Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Lynne Smith, 465-3783 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb345-318 +-----------------------------------------------------------------------+ HB 359 : Sex Crimes; Testimony By Video Conference Sponsored by the Hou. Rules by Request of the Governor An Act relating to conspiracy to commit human trafficking in the first degree or sex trafficking in the first degree; relating to the crime of distribution of indecent material to minors, the crime of online enticement of a minor, the crime of prostitution, and the crime of sex trafficking; relating to forfeiture of property used in prostitution offenses; relating to testimony by video conference; adding Rule 38.3, Alaska Rules of Criminal Procedure; and providing for an effective date. Version: CSHB 359(FIN) AM Status: (S) RLS >> (S) SUP CAL 4/15 Bill Info: http://www.housemajority.org/spon.php?id=27hb359 +-----------------------------------------------------------------------+ HB 361 : Disposals Of State Resources/Royalties Sponsored by the Hou. Rules by Request of the Governor An Act relating to the Alaska Land Act, including certain leases, sales, and other disposals of state land and materials; relating to production royalties from miners; providing for the conveyance of certain land to the City and Borough of Juneau for the construction of the Auke Bay commercial loading facility; and providing for an effective date. Version: SCS CSHB 361(FIN) Status: (S) SUP CAL 4/15 >> AWAIT TRANSMIT GOV Bill Info: http://www.housemajority.org/spon.php?id=27hb361 +-----------------------------------------------------------------------+ HB 366 : Disaster Planning And Services * House Majority Legislation Sponsored by the Hou. C & R Affairs An Act establishing an Alaska intrastate mutual aid system and relating to the duties of the Alaska division of homeland security and emergency management and the duties of the Alaska State Emergency Response Commission. Status: (S) SUP CAL 4/15 >> PASSED (S) Contact: Terry Harvey, 465-5392 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hb366-312 +-----------------------------------------------------------------------+ HCR 24 : State Food Resource Development Group * House Majority Legislation Sponsored by Rep. Bill Stoltze Relating to the establishment and operation of a state food resource development working group. Version: CSHCR 24(FIN) Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Darrell Breese, 465-4958 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hcr24-329 +-----------------------------------------------------------------------+ HCR 32 : Suspend Uniform Rules For SB 23 * House Majority Legislation Sponsored by the Hou. Finance Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 23, relating to transferable film production tax credits and film production tax credit certificates; and requiring the legislative audit division to audit the Alaska film production incentive program. Status: PASSED (H) >> PASSED (S) Bill Info: http://www.housemajority.org/spon.php?id=27hcr32 +-----------------------------------------------------------------------+ HCR 33 : Suspend Uniform Rules For SB 182 * House Majority Legislation Sponsored by the Hou. Finance Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 182, amending the amount of state funding provided to school districts for pupil transportation. Status: PASSED (H) >> PASSED (S) Bill Info: http://www.housemajority.org/spon.php?id=27hcr33 +-----------------------------------------------------------------------+ HCR 34 : Suspend Uniform Rules For SB 25 * House Majority Legislation Sponsored by the Hou. Labor & Com. Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 25, establishing the sustainable energy transmission and supply development program in the Alaska Industrial Development and Export Authority; relating to the interest rates of the Alaska Industrial Development and Export Authority; and relating to taxes paid on interests in property owned by the Alaska Industrial Development and Export Authority and to the local contribution for public education funding related to that property. Status: TRANSMITTED TO (S) >> PASSED (S) Bill Info: http://www.housemajority.org/spon.php?id=27hcr34 +-----------------------------------------------------------------------+ HCR 36 : Suspend Uniform Rules For SB 119 * House Majority Legislation Sponsored by the Hou. Labor & Com. Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 119, relating to athletic trainers. Status: PASSED (H) >> PASSED (S) Bill Info: http://www.housemajority.org/spon.php?id=27hcr36 +-----------------------------------------------------------------------+ HJR 32 : Remove Wood Bison From Endangered List * House Majority Legislation Sponsored by Rep. Alan Dick Urging the United States Congress to remove wood bison from protection under the Endangered Species Act of 1973 and to grant control of wood bison in Alaska to the state. Version: CSHJR 32(RES) Status: (S) RLS >> (S) SUP CAL 4/15 Contact: Paul Verhagen, 465-2847 Sponsor Statement: http://www.housemajority.org/spon.php?id=27hjr32-328
Press release from the Senate Bipartisan Majority….Maggie
___________________________________________
Senate Bill 25 creates the Alaska Sustainable Strategy for Energy Transmission and Supply
JUNEAU-The Alaska State Legislature has passed Senate Bill 25, the Alaska Sustainable Strategy for Energy Transmission and Supply (ASSETS). Senate Bill 25, sponsored by Senator Lesil McGuire (Anchorage) and Representative Lance Pruitt (Anchorage), establishes a new fund within the Alaska Industrial Development and Export Authority (AIDEA) for the purpose of financing or facilitating the financing of energy projects in Alaska.
“At the Arctic Imperative Conference in Girdwood last year I presented alongside individuals who represented large, multi-national investors like Guggenheim and Citigroup,” said Senator McGuire. “I was inspired by the discussion of how private sector investment can be attracted through co-investment by the State and other financing mechanisms.” Senate Bill 25 empowers AIDEA to work with the private sector to finance, or facilitate the financing of energy projects in Alaska. The bill creates a new fund within AIDEA, the Sustainable Energy Transmission Supply Development fund (SETS), which was capitalized with $125,000,000 in the fiscal year 2013 operating budget passed by the Legislature.
Unlike other revolving loan funds, AIDEA pays a dividend from its earnings to the State. “With billions in savings invested in the capital markets, Alaska is promoting economic activity outside while our companies, electric cooperatives and communities look elsewhere for financing,” said Senator McGuire. “Our goal in sponsoring Senate Bill 25 was to put a small portion of those savings to work in Alaska to create jobs, industry and new revenues for the state.”
The House version of Senate Bill 25 (HB 357) was sponsored by Representative Lance Pruitt (R-Anchorage) who chairs the House Energy Committee. “Energy is the foundation of our state and access to affordable, reliable energy is the key to unlocking our resources and diversifying our economy,” said Representative Pruitt. “In the House Energy Committee, we have worked with communities, businesses and Alaskans and I have heard again and again that access to capital is a serious obstacle to developing new energy projects in Alaska.”
Senate Bill 25 provides access to capital by allowing AIDEA to enter into public-private partnerships, guarantee loans and bonds and defer principal payments. The bill also allows AIDEA to offer long-term financing of up to 50 years for hydroelectric and transmission projects. “With declining throughput in the Trans-Alaska Pipeline,” said Senator McGuire, “now is the time to responsibly diversify our economy by providing access to capital instead of simply grants so that the next generation has the resources to build on the foundation we build today.”
Senate Bill 25 now heads to Governor Parnell for his signature.
For more information, please contact Michael Pawlowski in Senator McGuire’s office at 907-465-2995.
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Maggie Wall
Kodiak, Alaska
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