TITLE

Alaska Has $17 Billion in The Pipeline

AUTHOR(S)
Finestone, Deborah
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/16/2003, Vol. 344 Issue 31657, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Alaska governor Frank Murkowski has signed a law legislation allowing Alaska Railroad Corp. to issue up to $17 billion in revenue bonds that could be tax-exempt under a special exception to the federal tax code. The bill stipulates that revenues generated by the pipeline would secure the bonds and estimates it could issue up to $14.26 billion as early as fiscal 2006. The state Natural Gas Authority will develop a plan for the state to construct, own and operate a gas pipeline.
ACCESSION #
10104688

 

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