{"data":{"id":"us-ak/as-43.82.900","jurisdiction":"us-ak","citation":"AS 43.82.900","heading":"Definitions.","body":"In this chapter, unless the context requires otherwise,\n(1) “affected municipality” means an economically affected municipality or a revenue-affected municipality;\n(2) “commencement of commercial operations” means the start of regular deliveries of marketable products from an approved qualified project;\n(3) “cubic foot of gas” means the quantity of gas contained in a volume of one cubic foot at a standard temperature of 60 degrees Fahrenheit and a standard absolute pressure of 14.65 pounds per square inch;\n(4) “economic proximity” means the distance within which a person may be willing to design, construct, and operate a gas line to provide service to a local consumer;\n(5) “economic rent” means the estimated total gross revenue less estimated total costs for a qualified project over the term of a contract under AS 43.82.020, measured in undiscounted nominal dollars; for purposes of this paragraph, total costs do not include a rate of return on capital, financing costs, or any payments to governments;\n(6) “economically affected municipality” means a municipality the commissioner of revenue determines will be reasonably required to provide additional public services under the terms proposed in an application approved under AS 43.82.140(a); the commissioner may consider historical data from construction of the Trans Alaska Pipeline System, and information submitted by a municipality in making the determination;\n(7) “full project funding” means full approval by a party to a contract under AS 43.82.020 for the expenditure of the capital necessary for construction and operation of the approved qualified project that is subject to the contract;\n(8) “gas” has the meaning given in AS 43.55.900;\n(9) “group” means two or more persons;\n(10) “lease or property” has the meaning given in AS 43.55.900;\n(11) “periodic payment” means payment made in lieu of one or more other taxes under a contract under AS 43.82.020;\n(12) “revenue-affected municipality” means a municipality that the commissioner of revenue reliably expects will be restricted from imposing a tax, or a portion of a tax, as a result of implementation of a contract developed under this chapter;\n(13) “stranded gas” means gas that is not being marketed due to prevailing costs or price conditions as determined by an economic analysis by the commissioner for a particular project.","path":["Title 43. Revenue and Taxation.","Chapter 82. Alaska Stranded Gas Development Act.","Article 8. General Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#43.82.900","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:28Z","sha256":"1387726231c68d4d992621fd59a79c5b8885db47db899a2b287b8fff0f7116df","source_id":"us-ak","stale":false,"prev":"us-ak/as-43.82.640","next":"us-ak/as-43.82.990"},"notice":"GroundRules: Original legal text. Not legal advice."}