Sec. 43.90.110. Natural gas pipeline project construction inducement.
(a) Subject to the limitations of this chapter, a license issued under this chapter entitles the licensee or its designated affiliate to receive (1) subject to appropriation, state matching contributions in the form of reimbursements in a total amount not to exceed $500,000,000, paid to the licensee during the seven-year period immediately following the date […]
Sec. 43.90.120. Request for applications for the license.
(a) The commissioners shall commence a public process to request applications for a license under this chapter as soon as practicable after June 8, 2007. (b) The commissioners may use independent contractors to assist them in developing the request for applications and in evaluating applications received under this chapter. (c) The provisions of AS 36.30 […]
Sec. 43.90.130. Application requirements.
An application for a license must be consistent with the terms of the request for applications under AS 43.90.120 and must (1) be filed by the deadline established by the commissioners in the request for applications; (2) provide a thorough description of a proposed natural gas pipeline project for transporting natural gas from the North […]
Sec. 43.90.140. Initial application review; additional information requests; complete applications.
(a) After the deadline established by the commissioners for filing an application has passed, the commissioners shall open and review each application to determine whether it is consistent with the terms of the request for applications and meets the requirements of AS 43.90.130. The commissioners shall reject as incomplete an application that does not meet […]
Sec. 43.90.150. Proprietary information and trade secrets.
(a) At the request of the applicant, information submitted under this chapter that the applicant identifies and demonstrates is proprietary or is a trade secret is confidential and not subject to public disclosure under AS 40.25. After a license is awarded, all information submitted by the licensee, retained under this chapter, and not determined by […]
Sec. 43.90.160. Notice, review, and comment.
(a) The commissioners shall publish notice and provide a 60-day period for public review and comment on all applications determined complete under AS 43.90.140. Except as provided under AS 43.90.150, all applications filed under this chapter shall be made public, including applications rejected as incomplete under AS 43.90.140. (b) Applications received under this chapter are […]
Sec. 43.90.170. Application evaluation and ranking.
(a) The commissioners shall evaluate all applications determined to be complete under AS 43.90.140, consider public comments received under AS 43.90.160(a), and rank each application according to the net present value of the anticipated cash flow to the state from the applicant’s project proposal using the factors in (b) of this section and weighted by […]
Sec. 43.90.180. Notice to the legislature of intent to issue license; denial of license.
(a) If, after consideration of public comments received under AS 43.90.160(a) and evaluation of complete applications under AS 43.90.170, the commissioners determine that an application proposes a project that will sufficiently maximize the benefits to the people of this state and merits issuance of a license under this chapter, the commissioners shall (1) issue a […]
Sec. 43.90.190. Legislative approval; issuance of license.
(a) After the presiding officer of each house of the legislature receives a determination from the commissioners under AS 43.90.180, the rules committee of each house of the legislature shall introduce a bill in the committee’s respective chamber that provides for the approval of the license proposed to be issued by the commissioners. (b) If […]
Sec. 43.90.200. Certification by regulatory authority and project sanction.
(a) A licensee that is awarded a certificate of public convenience and necessity from a regulatory agency with jurisdiction over the project shall accept the certificate on or before the date the order granting the certificate is no longer subject to judicial review. (b) If the licensee has credit support sufficient to finance construction of […]