Rep. Eldon Mulder State Capitol, Room 507 Juneau, AK 99801-1182 Phone: (907) 465-2647 Fax: (907) 465-3518

Rep. Bill Williams State Capitol, Room 511 Juneau, AK 99801-1182 Phone: (907) 465-3424 Fax: (907) 465-3793

Sponsor Statement for CSHB 334
Approp: Grant To Arctic Power For ANWR

An Act making appropriations for a grant to Arctic Power to promote the opening of the Arctic National Wildlife Refuge for oil and gas exploration and development; and providing for an effective date.

Senate Finance Committee Substitute for House Bill 334 appropriates $1,100,000 to Arctic Power to use in its campaign to secure necessary support in the United States Senate to pass legislation opening ANWR to oil exploration. The energy bill will be considered early in this session so it is important that Arctic Power be active in its promotion of opening ANWR in January and February of this year.

HB 334 reappropriates $700,000 in unused funds from the gas pipeline study authorized through the Legislative Budget and Audit Committee along with $400,000 from the general fund. Included in the $400,000 is $100,000 for video project on the value of opening the arctic plane by the City of Kaktovik

With the growing fiscal gap in Alaska's state budget, and the long term decrease in state revenue from existing fields, it is imperative we develop additional new fields in the future. ANWR is an important part of our fiscal future.

This appropriation will help Alaska work effectively toward that goal.

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