Title 44 — State Government

54 chapters · 1,061 sections in this title.

61 sectionsFiltered byTitle 44 Ch 83

AS 44.83.010 Legislative finding and policy. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.020 Creation of authority.
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There is created the Alaska Energy Authority. The authority is a public corporation of the state in the Department of Commerce, Community, and Economic Development but with separate and independent legal existence.
AS 44.83.030 Members of the board.
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(a) The members of the board of directors of the authority are (1) the commissioner of revenue; (2) the commissioner of commerce, community, and economic development; and (3) six public members appointed by the governor as follows: (A) one member with expertise or experience in m…
AS 44.83.040 Transaction of business.
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(a) The board of directors of the authority shall elect a chair and vice-chair every two years from among its members. The powers of the authority are vested in the board of directors, and five board members constitute a quorum. Action may be taken and motions and resolutions ado…
AS 44.83.043 Officers and employees.
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[Repealed or reserved.]
AS 44.83.045 Qualifications, powers, and duties of officers and directors. [Repealed, § 27 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.050 Staff. [Repealed, § 23 ch 156 SLA 1978.]
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Article 2. Purpose and Powers.
AS 44.83.070 Purpose of the authority.
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The purpose of the authority is to promote, develop, and advance the general prosperity and economic welfare of the people of the state by providing a means of financing and operating power projects and facilities that recover and use waste energy and by carrying out the powers a…
AS 44.83.080 Powers of the authority.
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In furtherance of its corporate purposes, the authority has the following powers in addition to its other powers: (1) to sue and be sued; (2) to have a seal and alter it at pleasure; (3) to make and alter bylaws for its organization and internal management; (4) to adopt regulatio…
AS 44.83.085 Susitna River power project annual report.
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The authority shall prepare, not later than the first day of each regular session of the legislature, an annual report summarizing the status of the Susitna River power project and shall notify the legislature that the report is available.
AS 44.83.090 Power contracts and the Regulatory Commission of Alaska.
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(a) The authority shall, in addition to the other methods that it may find advantageous, provide a method by which municipal electric, rural electric, cooperative electric, or private electric utilities and regional electric authorities, or other persons authorized by law to enga…
AS 44.83.092 Authority for municipalities and utilities to enter into power sales contracts.
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Article 3. Financial Provisions. The authority and any municipality or public or private entity operating an electric utility, or a municipality or private entity and another municipality or private entity, may enter into a contract providing for or relating to the sale of electr…
AS 44.83.100 Bonds of the authority.
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(a) The authority may borrow money and may issue bonds, including but not limited to bonds on which the principal and interest are payable (1) exclusively from the income and receipts or other money derived from the project financed with the proceeds of the bonds; (2) exclusively…
AS 44.83.105 Bonds for power projects under the energy program for Alaska. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.110 Trust indentures and trust agreements.
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(a) In the discretion of the authority, an issue of bonds may be secured by a trust indenture or trust agreement between the authority and a corporate trustee (which may be a trust company, bank, or national banking association, with corporate trust powers, located inside or outs…
AS 44.83.120 Validity of pledge.
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It is the intention of the legislature that a pledge made in respect of bonds is considered perfected and is valid and binding from the time the pledge is made; that the money or property so pledged and thereafter received by the authority shall immediately be subject to the lien…
AS 44.83.130 Nonliability on bonds.
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(a) Neither the members of the authority nor a person executing the bonds is liable personally on the bonds or is subject to personal liability or accountability by reason of the issuance of the bonds. (b) The bonds issued by the authority do not constitute an indebtedness or oth…
AS 44.83.140 Pledge of the state.
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The state pledges to and agrees with the holders of bonds issued under this chapter and with the federal agency which loans or contributes funds in respect to a project, that the state will not limit or alter the rights and powers vested in the authority by this chapter to fulfil…
AS 44.83.150 Tax exemption.
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All property of the authority is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes of the state or a political subdivision of the state; however, the authority may make payments in place of taxes in amounts equal to …
AS 44.83.160 Bonds legal investments for fiduciaries.
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The bonds of the authority are securities in which all public officers and bodies of the state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on any insurance business, all banks, bankers, trust companies, sa…
AS 44.83.162 Secs. 44.83.162 — 44.83.165. Power cost equalization. [Repealed, § 28 ch 18 SLA 1993. For present law, see AS 42.45.100 — 42.45.190.]
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[Repealed or reserved.]
AS 44.83.170 Power project fund. [Repealed, § 28 ch 18 SLA 1993. For present law, see AS 42.45.010.]
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[Repealed or reserved.]
AS 44.83.177 Secs. 44.83.177 — 44.83.185. Reconnaissance and feasibility studies. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.186 Final cost estimate and reauthorization by the legislature. [Repealed, § 27 ch 89 SLA 1983.]
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[Repealed or reserved.]
AS 44.83.187 Secs. 44.83.187 — 44.83.189. Applicability of sections; project construction. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.190 Secs. 44.83.190 — 44.83.240. [Renumbered as AS 44.83.900 — 44.83.995.]
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[Repealed or reserved.]
AS 44.83.300 Secs. 44.83.300 — 44.83.360. Susitna River hydroelectric project. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.361 Secs. 44.83.361 , 44.83.363. Rural electrification revolving loan fund. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.370 Electrical service extension fund established. [Repealed, § 28 ch 18 SLA 1993.]
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Article 4. Power Projects.
AS 44.83.380 Program established. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.382 Power development fund established.
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(a) A power development fund is established in the Alaska Energy Authority to carry out the purposes of former AS 44.83.380 — 44.83.425. (b) The fund includes money appropriated to it by the legislature.
AS 44.83.384 Use of fund balance.
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(a) The fund may be used by the authority to provide money for (1) the defeasance of bonds, or the payment of debt service on loans for or on an issue of bonds sold in connection with a power project constructed or acquired before August 11, 1993; (2) the cost of operating and ma…
AS 44.83.386 Investment of fund.
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The authority shall invest the money in the fund in the manner provided in AS 37.10.070, 37.10.071, and 37.10.075. The authority may withdraw money from the fund only after costs have been incurred or amounts in the fund have been otherwise obligated under contracts for the acqui…
AS 44.83.388 Allotment to projects.
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(a) The authority shall maintain records of power project allocations from the fund for each power project (1) approved in accordance with former AS 44.83.185; and (2) for which an allocation is made from an appropriation made by the legislature without specifying an appropriatio…
AS 44.83.390 Secs. 44.83.390 , 44.83.392. Reappropriation of fund balance; lapse of excess appropriations. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.394 Revenue requirements. [Repealed, § 27 ch 89 SLA 1983.]
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[Repealed or reserved.]
AS 44.83.396 Operation of power project.
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(a) A power project that was acquired or constructed under AS 44.83.080(18) or as part of the former energy program for Alaska is owned, and shall be administered, by the authority. (b) When a power project has been acquired or constructed by the authority, the project may be ope…
AS 44.83.398 Sale of power from power project. [Repealed, § 13 ch 60 SLA 2000.]
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[Repealed or reserved.]
AS 44.83.400 Energy conservation. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.410 Appropriation for Railbelt energy development. [Repealed, § 317 ch 171 SLA 1984.]
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[Repealed or reserved.]
AS 44.83.420 Continuing appropriation for Bradley Lake hydroelectric project. [Repealed, § 318 ch 171 SLA 1984.]
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[Repealed or reserved.]
AS 44.83.425 Definitions.
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Article 5. Power Development Revolving Loan Fund. In AS 44.83.382 — 44.83.425, (1) “debt service” means the amounts covenanted with respect to, or pledged to pay, bonds under a trust agreement securing bonds; (2) “fund” means the power development fund established by AS 44.83.382…
AS 44.83.500 Creation of fund. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.510 Powers and duties of authority in administering the fund.
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(a) Repayment of a loan from the former power development revolving loan fund must be made with the proceeds from the sale of power from projects in the former energy program for Alaska. (b) [Repealed, § 28 ch 18 SLA 1993.]
AS 44.83.520 Loan terms. [Repealed, § 28 ch 18 SLA 1993.]
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[Repealed or reserved.]
AS 44.83.525 Rate reopeners. [Repealed, § 13 ch 60 SLA 2000.]
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[Repealed or reserved.]
AS 44.83.530 Definitions.
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In AS 44.83.500 — 44.83.530, (1) “fund” means the former power development revolving loan fund; and (2) “power project” means a project acquired or constructed under the former energy program for Alaska, AS 44.83.380 — 44.83.425.
AS 44.83.600 Secs. 44.83.600 — 44.83.650. Bulk fuel revolving loan fund. [Repealed, § 28 ch 18 SLA 1993. For present law, see AS 42.45.250 — 42.45.299.]
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Article 6. Railbelt Transmission Organization.
AS 44.83.700 Railbelt Transmission Organization.
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(a) The Railbelt Transmission Organization is created for the purpose of establishing an open access transmission tariff that (1) provides for recovery of transmission costs and related ancillary services; and (2) replaces wholesale charges assessed by unit by each utility in the…
AS 44.83.710 Revenue mechanism.
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(a) The transmission organization shall hold and administer a commission-approved nondiscriminatory open access transmission tariff for the backbone transmission system. (b) The transmission organization shall file with the commission a nondiscriminatory open access transmission …