
Will Stapp
230:05 - 230:38
"this amendment basically mirrors what we know to be the contract that Instar already has with the developer based on Instar's testimony. My reservation for this amendment is I just, I don't want to put, uh, this level of detail in state law. I mean, it makes me feel like I'm reaching in and trying to control contract terms"
“this amendment basically mirrors what we know to be the contract that Instar already has with the developer based on Instar's testimony. My reservation for this amendment is I just, I don't want to put, uh, this level of detail in state law. I mean, it makes me feel like I'm reaching in and trying to control contract terms”
Yeah, I think, Co-Chair Foster, so I'm just kind of want to put it out there in the public. So this amendment basically mirrors what we know to be the contract that Instar already has with the developer based on Instar's testimony. My reservation for this amendment is I just, I don't want to put, uh, this level of detail in state law. I mean, it makes me feel like I'm reaching in and trying to control contract terms, but it basically is the contract terms they already have. So talking with the developer, I don't, don't believe it harms the project.
Alaska House Finance Committee caps natural gas prices at $16 per million BTU for Alaskans through statutory amendment to House Bill 381, mirroring Enstar contract terms to protect ratepayers from cost overruns on Alaska LNG project.

The committee adopted an amendment Monday allowing municipalities to collect their share of the alternative volumetric tax directly from the pipeline operator rather than waiting for state appropriation, addressing borough concern about cash-flow delays and legislative control.
