Supplemental appropriations bill for Alaska Industrial Development and Export Authority and disaster relief fund capitalization.
The bill provides supplemental appropriations to the Alaska Industrial Development and Export Authority for the Alaska Liquified Natural Gas pipeline project. It allocates $50,000,000 for front-end engineering and design expenditures for fiscal years 2025, 2026, and 2027. Additionally, it appropriates $15,000,000 to capitalize the disaster relief fund, which does not lapse. The unexpended balance of the appropriation for the pipeline project will lapse into the general fund on June 30, 2027. If the bill takes effect after June 30, 2025, it is retroactive to July 1, 2024.
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