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Alaska2026Passed Legislature

SB59

Alaska Supplemental Appropriations for LNG Pipeline and Disaster Relief

Last scannedSep 20, 2026, 12:32 AM

In one sentence

This bill provides $50 million to reimburse costs for early planning of the Alaska Liquified Natural Gas pipeline project and adds $15 million to the disaster relief fund.

What it does

  • Provides $50,000,000 from the general fund to the Alaska Industrial Development and Export Authority.
  • Reimburses expenditures for front-end engineering and design of the Alaska Liquified Natural Gas pipeline project.
  • Covers costs for fiscal years ending June 30, 2025, June 30, 2026, and June 30, 2027.
  • Provides $15,000,000 from the general fund to capitalize the disaster relief fund.
  • States that any unspent money for the pipeline project returns to the general fund on June 30, 2027.

Who it affects

  • The Alaska Industrial Development and Export Authority
  • The state's disaster relief fund

Limits and unknowns

  • The bill does not list specific amounts for how much engineering work has already been done.
  • It is unclear if this funding covers all pipeline project needs beyond the design phase.
  • If the law takes effect after June 30, 2025, it applies retroactively to July 1, 2024.

Plain language

Terms to know

Supplemental appropriations
Extra money added to the budget after it was first approved.
Front-end engineering and design
The early planning, technical studies, and blueprints done before a project starts construction.
Fund capitalization
Adding money to the starting balance of a fund so it can earn interest or cover future costs without lapsing.

Official record

Sources

Validated
Official bill pageIntroduced textCurrent bill text

Official summary

APPROP: SUPPLEMENTAL; FUND CAP An Act making supplemental appropriations; making appropriations to capitalize funds; and providing for an effective date.

Official activity

Bill history

  1. (S) Minutes (SFIN)Min
  2. (S) Heard & HeldText
  3. (S) FINANCE at 09:00 AM SENATE FINANCE 532Text
  4. (S) Minutes (SFIN)Min
  5. (S) Heard & Held -- Please Note Time Change --Text
  6. (S) FINANCE at 01:00 PM SENATE FINANCE 532Text
  7. (S) Minutes (SFIN)Min
  8. (S) Heard & HeldText
  9. (S) FINANCE at 09:00 AM SENATE FINANCE 532Text
  10. (S) Minutes (SFIN)Min
  11. (S) Heard & Held -- Please Note Time Change --Text
  12. (S) FINANCE at 01:00 PM SENATE FINANCE 532Text
  13. (S) Minutes (SFIN)Min
  14. (S) Heard & HeldText
  15. (S) FINANCE at 09:00 AM SENATE FINANCE 532Text
  16. (S) REFERRED TO FINANCE59
  17. (S) GOVERNOR'S TRANSMITTAL LETTER59
  18. (S) FIN59
  19. (S) READ THE FIRST TIME - REFERRALS59