reglab/housing_qa huggingface dataset:
AK Stat § 43.82.900 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 82. Alaska Stranded Gas Development Act|Article 8. General Provisions.|Sec. 43.82.900. Definitions.

In this chapter, unless the context requires otherwise, (1) “affected municipality” means an economically affected municipality or a revenue-affected municipality; (2) “commencement of commercial operations” means the start of regular deliveries of marketable products from an approved qualified project; (3) “cubic foot of gas” means the quantity of gas contained in a volume of one cubic foot at a standard temperature of 60 degrees Fahrenheit and a standard absolute pressure of 14.65 pounds per square inch; (4) “economic proximity” means the distance within which a person may be willing to design, construct, and operate a gas line to provide service to a local consumer; (5) “economic rent” means the estimated total gross revenue less estimated total costs for a qualified project over the term of a contract under AS 43.82.020, measured in undiscounted nominal dollars; for purposes of this paragraph, total costs do not include a rate of return on capital, financing costs, or any payments to governments; (6) “economically affected municipality” means a municipality the commissioner of revenue determines will be reasonably required to provide additional public services under the terms proposed in an application approved under AS 43.82.140(a); the commissioner may consider historical data from construction of the Trans Alaska Pipeline System, and information submitted by a municipality in making the determination; (7) “full project funding” means full approval by a party to a contract under AS 43.82.020 for the expenditure of the capital necessary for construction and operation of the approved qualified project that is subject to the contract; (8) “gas” has the meaning given in AS 43.55.900; (9) “group” means two or more persons; (10) “lease or property” has the meaning given in AS 43.55.900; (11) “periodic payment” means payment made in lieu of one or more other taxes under a contract under AS 43.82.020; (12) “revenue-affected municipality” means a municipality that the commissioner of revenue reliably expects will be restricted from imposing a tax, or a portion of a tax, as a result of implementation of a contract developed under this chapter; (13) “stranded gas” means gas that is not being marketed due to prevailing costs or price conditions as determined by an economic analysis by the commissioner for a particular project.
AK Stat § 43.82.990 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 82. Alaska Stranded Gas Development Act|Article 8. General Provisions.|Sec. 43.82.990. Short title.

This chapter may be cited as the Alaska Stranded Gas Development Act.
AK Stat § 43.90.010 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 1. Inducement to Construction of a Natural Gas Pipeline in This State.|Sec. 43.90.010. Purpose.

The purpose of this chapter is to encourage expedited construction of a natural gas pipeline that (1) facilitates commercialization of North Slope gas resources in the state; (2) promotes exploration and development of oil and gas resources on the North Slope in the state; (3) maximizes benefits to the people of the state from the development of oil and gas resources in the state; and (4) encourages oil and gas lessees and other persons to commit to ship natural gas from the North Slope to a gas pipeline system for transportation to markets in this state or elsewhere.
AK Stat § 43.90.100 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|Sec. 43.90.100. Gas project.

(a) The commissioners may award an Alaska Gasline Inducement Act license as provided in this chapter. The person awarded a license under this chapter is entitled to the inducement set out in AS 43.90.110. (b) Nothing in this chapter precludes a person from pursuing a gas pipeline independently from this chapter.
AK Stat § 43.90.110 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 the license is awarded; the payment period may be extended by the commissioners under an amendment or modification of the project plan under AS 43.90.210; a payment under this paragraph shall be made according to the following: (A) on or before the close of the first binding open season, the state shall reimburse the licensee's qualified expenditures at the level specified in the license; however, the state's reimbursements may not exceed 50 percent of the qualified expenditures incurred before the close of the first binding open season; (B) after the close of the first binding open season, the state shall reimburse the licensee's qualified expenditures at the level specified in the license; however, the state's reimbursements may not exceed 90 percent of the qualified expenditures incurred after the close of the first binding open season; (C) a qualified expenditure is a cost that is incurred after the license is issued under this chapter by the licensee or the licensee's designated affiliate, and is directly and reasonably related to pursuing firm transportation commitments in a binding open season, to securing financing for the project, or to obtaining a certificate of public convenience and necessity from the Federal Energy Regulatory Commission or the Regulatory Commission of Alaska, as appropriate, or satisfying a requirement of an agency with jurisdiction over the project; in this subparagraph, “qualified expenditures” does not include overhead costs, lobbying costs, litigation costs, the cost of an asset or work product acquired or developed by the licensee before the license is issued, or civil or criminal penalties or fines; and (2) the benefit of an Alaska Gasline Inducement Act coordinator who has the authority prescribed in AS 43.90.250. (b) The commissioner of revenue in consultation with the commissioner of natural resources shall adopt regulations for determining whether an expenditure is a qualified expenditure for the purposes of (a) of this section.
AK Stat § 43.90.120 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 do not apply to requests for applications under this chapter.
AK Stat § 43.90.140 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 the requirements of AS 43.90.130. (b) To evaluate whether an application should be rejected under (a) of this section, the commissioners may request additional information relating to the application. (c) If, within the time specified by the commissioners, the applicant fails to provide the additional information requested under (b) of this section, or submits additional information that is not responsive, the application shall be rejected. (d) For an application not rejected under this section, the commissioners shall make a determination that the application, including any requested additional information, is complete. (e) Except as provided under AS 43.90.150, and after determining which applications are complete, the commissioners shall make all applications available to the legislature.
AK Stat § 43.90.150 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 the commissioners to be a proprietary or trade secret shall be made public. (b) If the commissioners determine that the information submitted by the applicant is not proprietary or is not a trade secret, the commissioners shall notify the applicant and return the information at the request of the applicant.
AK Stat § 43.90.160 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 not subject to public disclosure under AS 40.25.100 - 40.25.295 until the commissioners publish notice under this section. However, information that the commissioners have determined is proprietary or a trade secret under AS 43.90.150 may not be made public even after the notice is published under (a) of this section, except as otherwise provided in AS 43.90.150. If information is proprietary or a trade secret and is held confidential under AS 43.90.150, the applicant shall provide a summary of the confidential information that is satisfactory to the commissioners, and the commissioners shall make the summary of the information available to the public. (c) After the commissioners determine that the applications are complete under AS 43.90.140, information provided by an applicant to the commissioners under this chapter, including information determined by the commissioners to be confidential under AS 43.90.150, shall be disclosed to the legislative auditor, the fiscal analyst who serves as head of the legislative finance division, members of the legislature, and their respective agents and contractors, on request and after the individual making the request signs a confidentiality agreement prepared by the commissioners.
AK Stat § 43.90.170 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 the project's likelihood of success based on the commissioners' assessment of the factors listed in (c) of this section. (b) When evaluating the net present value of anticipated cash flow to the state from the applicant's project proposal, the commissioners shall use an undiscounted value and, at a minimum, discount rates of two, five, six, and eight percent, and consider (1) how quickly the applicant proposes to begin construction of the proposed project and how quickly the project will commence commercial operation; (2) the net back value of the gas determined by the destination market value of the gas and estimated transportation and treatment costs; (3) the ability of the applicant to prevent or reduce project cost overruns that would increase the tariff; (4) the initial design capacity of the applicant's project and the extent to which the design can accommodate low-cost expansion; (5) the amount of the reimbursement by the state under AS 43.90.110(a)(1)(A) and (B) proposed by the applicant under AS 43.90.130(9); (6) economic value resulting from payments required to be made to the state under the terms of the proposal; and (7) other factors found by the commissioners to be relevant to the evaluation of the net present value of the anticipated cash flow to the state. (c) When evaluating the project's likelihood of success, the commissioners shall consider (1) the reasonableness, specificity, and feasibility of the applicant's work plan, timeline, and budget required to be submitted under AS 43.90.130, including the applicant's plan to manage cost overruns, insulate shippers from the effect of cost overruns, and encourage shippers to participate in the first binding open season; (2) the financial resources of the applicant; (3) the ability of the applicant to comply with the proposed performance schedule; (4) the applicant's organization, experience, accounting and operational controls, technical skills or the ability to obtain them, and necessary equipment or the ability to obtain the necessary equipment; (5) the applicant's record of (A) performance on projects not licensed under this chapter; (B) integrity and good business ethics; and (6) other evidence and factors found by the commissioners to be relevant to the evaluation of the project's likelihood of success.
AK Stat § 43.90.180 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 determination, with written findings addressing the basis for the determination; the determination becomes a final agency action on the effective date of a bill approving the issuance of the license under AS 43.90.190; (2) publish notice of intent to issue a license under this chapter with written findings addressing the basis for the determination; and (3) forward the notice under (2) of this subsection, along with the findings, supporting documentation, and determination under (1) of this subsection, to the presiding officer of each house of the legislature for action as provided in AS 43.90.190. (b) If, after evaluation of complete applications under AS 43.90.170, the commissioners determine that no application sufficiently maximizes the benefits to the people of this state and merits issuance of a license under this chapter, the commissioners shall issue a written finding that addresses the basis for that determination. (c) The commissioners' determination under (b) of this section is a final agency action.
AK Stat § 43.90.190 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 a bill approving the issuance of the license passes the legislature within 60 days after the last date a presiding officer receives a determination by the commissioners under AS 43.90.180, the commissioners shall issue the license as soon as practicable after the effective date of the Act approving the issuance of the license. (c) Notwithstanding a legislative rule that prohibits the carryover of a bill after the end of a special session or after the end of a regular session of a legislature, a bill introduced under (a) of this section that is not passed or not withdrawn, defeated, vetoed, or indefinitely postponed shall be carried over to any subsequent regular or special legislative session convened during the 60-day period described in (b) of this section in the same reading or status it was in at the time of adjournment. However, a bill introduced under (a) of this section may not be carried over to the first regular session of a legislature. (d) If the legislature fails to approve the issuance of the license, the commissioners (1) may not issue the license that the legislature failed to approve; and (2) may request new applications for a license under AS 43.90.120.
AK Stat § 43.90.200 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|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 the project through ownership of rights to produce and market gas resources, firm transportation commitments, or government financing, the licensee shall sanction the project within one year after the effective date of the certificate of public convenience and necessity issued by the regulatory agency with jurisdiction over the project. (c) If the licensee does not have credit support sufficient to finance construction of the project through ownership of rights to produce and market gas resources, firm transportation commitments, or government financing, the licensee shall sanction the project before the later of (1) two years after the effective date of the certificate of public convenience and necessity issued by the regulatory agency with jurisdiction over the project; or (2) five years after the close of the first binding open season of the project. (d) If the licensee fails to sanction the project as required under this section, the licensee shall, upon request by the state, (1) seek approval from the Federal Energy Regulatory Commission or the Regulatory Commission of Alaska, as applicable, to abandon and transfer the certificate to the state or the state's designee; and (2) assign to the state or the state's designee all engineering designs, contracts, permits, and other data related to the project that are acquired by the licensee during the term of the license before the date of the abandonment or transfer. (e) The transfer and assignments under (d) of this section as a result of failure to comply with (a) or (b) of this section are at no cost to the state or the state's designee. A transfer under (c) of this section shall be subject to the state's payment to the licensee of the net amount of expenditures incurred and paid by the licensee that are qualified expenditures for the purposes of AS 43.90.110. (f) In this section, “effective date of the certificate of public convenience and necessity” means the earlier of the date the order granting the certificate is no longer subject to judicial review, or the date the licensee accepts the certificate.
AK Stat § 43.90.210 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|Sec. 43.90.210. Amendment of or modification to the project plan.

Subject to the approval of the commissioners, a licensee may amend or modify its project plan if the amendment or modification improves the net present value of the project to the state, is necessary because of an order or requirement by a regulatory agency with jurisdiction over the project or by the Alaska Oil and Gas Conservation Commission, or is necessary because of changed circumstances outside the licensee's control and not reasonably foreseeable before the license was issued. An amendment or modification approved under this section must be consistent with the requirements of AS 43.90.130 and, except for an amendment or modification required because of an order or requirement of a regulatory agency with jurisdiction over the project or by the Alaska Oil and Gas Conservation Commission, may not substantially diminish the value of the project to the state or the project's likelihood of success.
AK Stat § 43.90.220 (2021)
2021 Alaska Statutes|Title 43. Revenue and Taxation|Chapter 90. Alaska Gasline Inducement Act|Article 2. Alaska Gasline Inducement Act License.|Sec. 43.90.220. Records, reports, conditions, and audit requirements.

(a) A licensee shall maintain complete and accurate records of all expenditures and commitments of state money received under this chapter, including receipts and records showing the payment or cost of purchased items and services, the names and addresses of the sellers and service providers, and the dates of service or delivery. (b) Upon reasonable notice, the commissioners may audit the records, books, and files of the entity receiving the state money or making the expenditures and commitments of money received from the state under this chapter. (c) The commissioners may do the following with respect to information relating to the project: conduct hearings or other investigative inquiries; compel the attendance of witnesses and production of documents; and require the licensee to furnish information in paper copy or electronic format. (d) After a license has been issued and until commencement of commercial operations of a natural gas pipeline, the licensee shall allow the commissioners to (1) have a representative present at all meetings of the licensee's governing body or bodies and equity holders that relate to the project; (2) receive all relevant notices and information when and as sent to the governing body or bodies and equity holders; (3) enjoy the same access to information about the licensee as the governing body members and equity owners receive; and (4) receive relevant reports or information from the licensee that the commissioners reasonably request. (e) All proprietary information, privileged information, and trade secrets received by the commissioners or their representative under (d) of this section are not subject to public disclosure under AS 40.25.100 - 40.25.295. (f) A licensee shall maintain the records and reports required under this section for seven years from the date the licensee receives state money under this chapter.