HB 369 Summary

• Creates an in-state gasline project coordinator position in the Office of the Governor to coordinate state efforts on a natural gas pipeline project.

• Establishes the Joint In-State Gasline Development Team within the Alaska Housing Finance Corporation consisting of five state officials to develop a comprehensive project plan for an in-state natural gas pipeline, with delivery to the legislature by July 1, 2011.

• Requires the pipeline to be operational by December 31, 2015, serving Fairbanks, Southcentral Alaska, and other communities, with specific requirements to use state lands, existing rights-of-way, and maximize economic feasibility.

• Allows the Alaska Housing Finance Corporation to create subsidiaries for planning and financing in-state natural gas pipeline projects, exempt from competitive procurement requirements.

• Directs state agencies to expedite reviews and permitting for the pipeline project and prevents agencies from imposing additional conditions that would impair the project's timely construction.