AK SB125

Establishes the Alaska Gasline Finance Corporation as a public corporation within the Department of Revenue to finance a natural gas pipeline in the state

Creates a five-member board of directors consisting of four governor-appointed public members with expertise in large project financing and the commissioner of revenue, with public members serving staggered five-year terms

Establishes a corporation fund consisting of legislative appropriations, proceeds from pipeline ownership share sales, and other corporation money

Allows Alaskans to invest their permanent fund dividends in natural gas pipeline shares through the electronic PFD application, requiring a commitment to invest at least three consecutive years of dividends with no penalty for breaking the agreement

Sets a $2,500 minimum investment for public share purchases, except during the initial offering which has no minimum or maximum investment amount