The bill amends existing law to authorize the railroad to issue bonds to finance the construction and maintenance of a gas line and related facilities for transporting natural gas from Alaska’s North Slope. It also authorizes the railroad to negotiate with producers of natural gas on the bond issue.
Authorize
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CA Regulators Pay State, But Not Utilities
California regulators are expected today to authorize an estimated $3 billion in utility revenues from increased retail power rates to cover all of the state water resources department (DWR) costs for buying wholesale power in the upcoming months before more moderately priced, long-term, fixed-rate contracts kick in.
April 3, 2001
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