AK HB105

Increases bond authorization thresholds for the Alaska Industrial Development and Export Authority (AIDEA) from $6,000,000 to $10,000,000 for projects requiring local government consent and from $10,000,000 to $25,000,000 for general development projects.

Authorizes AIDEA to provide up to $275,000,000 in financing for liquefied natural gas production facilities and distribution systems serving Interior Alaska as a primary market, with expanded geographic flexibility beyond the North Slope.

Amends the definition of "qualified energy development" to include natural gas liquefaction, regasification, and distribution, with provisions allowing smaller pipelines (12 inches or less) transporting gas to Interior Alaska and including propane as natural gas.

Increases maximum loan participation amounts from $20,000,000 to $25,000,000 for general projects and qualified energy development loans, while extending loan terms to 50 years for energy development projects.

Requires AIDEA to submit quarterly reports to the legislature on Interior energy project progress, including component updates, distribution infrastructure buildout status, conversions, and financial accounting of all funds expended through June 30, 2025.