Bills to extend AIDEA's bonding authority - January 14, 2018

Providing coverage of Alaska and northern Canada's oil and gas industryJanuary 2018

Vol. 23, No. 2

Week of January 14, 2018

Bills to extend AIDEA's bonding authority

Petroleum News

Bills included in the first batch of prefiled bills for the 2018 session of the 30th Alaska Legislature include bills to extend the bonding authority of the Alaska Industrial Development and Export Authority.

House Bill 261, by Rep. Steve Thompson, R-Fairbanks, and Senate Bill 125, by Senate President Pete Kelly, R-Fairbanks, are identical one-page bills which change the expiration date on AIDEA’s authority to issue bonds from June 30, 2018, to June 30, 2023. The bonding authority would expire July 1, 2023. It currently expires July 1, 2018.

—Petroleum News

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