- Associated Press - Tuesday, March 11, 2014

JUNEAU, Alaska (AP) - A bill aimed at advancing a major liquefied natural gas project in Alaska is taking shape in the Senate.

The Senate Finance version of SB138 would set the gas tax rate at 13 percent and change the role of the Alaska Gasline Development Corp., or AGDC, from what Gov. Sean Parnell proposed.

Rather than creating an AGDC subsidiary to carry Alaska’s interest in liquefaction facilities, the committee version would have AGDC perform that duty, with separate funds for the smaller, in-state project AGDC is currently pursuing and the larger project.

Amendments passed Tuesday included language barring commissioners involved in negotiating project contracts from taking a job with one of the companies involved for at least three years after leaving state service.

The committee planned further consideration of the bill Wednesday.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide