http://www.housemajority.org News and Information for House Bill 312 en http://housemajority.org/images/houmaj.jpg http://www.housemajority.org 144 144 News and Information for House Bill 312 Bill Activity Rep. Mike Chenault Speaker of the House Gas Pipeline Resource Development Economic Development http://housemajority.org/spon.php?id=26hb312 Sponsors : Rep. Chenault<br/><br/>An Act authorizing an advisory vote on use of Alaska permanent fund earnings for an in-state natural gas pipeline; and providing for an effective date.<br/><br/>Status : (H) RES >> (H) FIN : 2010-02-05<br/>Contact : Tom Wright, 465-6618<br/><br/>House Bill 312 places an advisory vote on either the primary election ballot the question of using permanent fund earnings, after dividends are paid and the fund is inflation proofed, to help offset the costs of an in-state natural gas pipeline. I view this option as a potential ... Tue, 16 Feb 2010 16:00:01 -0800 Press Release Rep. Mike Chenault Speaker of the House http://housemajority.org/item.php?id=item20100125-462 Contact : Tom Wright, 465-6618<br/><br/>House Speaker Mike Chenault, R-Nikiski, today introduced legislation to ask Alaskans whether the state should use Permanent Fund earnings to help offset financing costs to help build an in-state natural gas pipeline. The bill, House Bill 312, places an advisory vote on either the primary or general election ballots this fall to give Alaskans a say in directing the state's energy policy.<br><br> "HB 312 was drafted to ensure that dividends are paid and the Permanent Fund is inflation-proofed prior to use of the earnings. That part of it needs to be emphasized first," Speaker Chenault said. "I don't want Alaskans to believe that this advisory vote is a raid on the earnings of the Fund. It's my hope that the voters' answers to this question will help focus state funding on one or two projects rather than taking a shotgun approach and partially fund a large number of projects that may or may not come to fruition in the future. It's time for the state to start making decisions, and this question will help the Legislature and Administration move toward viable projects."<br><br> The question before voters would read: "After paying annual dividends to residents and inflation-proofing the Alaska permanent fund, should permanent fund investment earnings be appropriated to help pay the costs of constructing an in-state natural gas pipeline?"<br><br> Mon, 25 Jan 2010 17:01:53 -0800