Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 15. Revenue. |
Chapter 15.90. Alaska Gasline Inducement Act Provisions. |
Article 15.90.2. Gas Production Tax Exemption. |
Section 15.90.900. Definitions.
Latest version.
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(a) In this chapter, unless the context otherwise requires, (1) "commissioners" means the commissioner of revenue and the commissioner of natural resources, acting jointly, as provided in AS 43.90.900; (2) "department" means Department of Revenue; (3) "fiscal year" means the period beginning July 1 and ending on June 30 of the following calendar year; (4) "licensee" has the meaning given in AS 43.90.900; (5) "project" has the meaning given in AS 43.90.900; (6) "qualified activity" means an activity directly related to (A) pursuing firm transportation commitments in a binding open season; (B) securing financing for the project; (C) obtaining a certificate of public convenience and necessity from the Federal Energy Regulatory Commission or the Regulatory Commission of Alaska; or (D) satisfying a requirement of an agency with jurisdiction over the project including a Canadian regulatory agency; (7) "lease or property" has the meaning given in AS 43.55.900; (8) "North Slope gas" means gas produced from a lease or property in the state north of 68 degrees North latitude. (b) In AS 43.90 and this chapter, unless the context otherwise requires, (1) "Alaska mainline" (A) means, with respect to the pipeline system licensed under AS 43.90, the section of the pipeline system that is within this state, that originates at a point in or near Prudhoe Bay, and that terminates at one or more of the following locations: (i) the Alaska/Yukon border near Beaver Creek; (ii) Valdez; and (B) does not include a gas pipeline between Point Thomson and Prudhoe Bay, a gas treatment plant on the North Slope, other facilities used to treat gas to meet pipeline specifications, or an LNG plant or terminal; (2) "first binding open season" means the project's first open season (A) in which the licensee requires binding bids for capacity from applicants; and (B) that concludes no later than December 5, 2011.
Authorities
43.90.110;43.90.220;43.90.230;43.90.300;43.90.320;43.90.330;43.90.400;43.90.410
Notes
Authority
AS 43.90.110 AS 43.90.220 AS 43.90.230 AS 43.90.300 AS 43.90.320 AS 43.90.330 AS 43.90.400 AS 43.90.410History
Eff. 11/30/2007, Register 184; am 4/30/2010, Register 194