[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3629 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3629

      To amend the Alaska Natural Gas Pipeline Act to promote the 
availability of affordable, clean-burning natural gas to North American 
                    markets, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 14, 2012

  Mr. Begich introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
      To amend the Alaska Natural Gas Pipeline Act to promote the 
availability of affordable, clean-burning natural gas to North American 
                    markets, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Alaska Natural Gas Transportation 
Act of 2012''.

SEC. 2. DEFINITION OF ALASKA NATURAL GAS TRANSPORTATION PROJECT.

    Section 102 of the Alaska Natural Gas Pipeline Act (15 U.S.C. 720) 
is amended by striking paragraph (2) and inserting the following:
            ``(2) Alaska natural gas transportation project.--The term 
        `Alaska natural gas transportation project' means--
                    ``(A) any natural gas pipeline system that carries 
                Alaska natural gas to a market (including related 
                facilities subject to the jurisdiction of the 
                Commission) that is authorized under--
                            ``(i) the Alaska Natural Gas Transportation 
                        Act of 1976 (15 U.S.C. 719 et seq.); or
                            ``(ii) section 103; and
                    ``(B) any pipeline segment that the Commission 
                finds could feasibly be incorporated into and serve as 
                an integrated segment of the system described in 
                subparagraph (A) (including the construction and 
                operation of the segment), which shall be subject to 
                this Act and the jurisdiction of the Commission under 
                the Natural Gas Act (15 U.S.C. 717 et seq.), regardless 
                of whether the segment--
                            ``(i) is proposed and constructed prior to 
                        the construction of the entire system described 
                        in subparagraph (A); or
                            ``(ii) initially transports Alaska natural 
                        gas solely for delivery to consumers within the 
                        State of Alaska.''.

SEC. 3. FEDERAL COORDINATOR.

    Section 106(c) of the Alaska Natural Gas Pipeline Act (15 U.S.C. 
720d(c)) is amended--
            (1) in paragraph (1), by striking ``and'' after the 
        semicolon;
            (2) in paragraph (2), by striking the period at the end and 
        inserting ``; and''; and
            (3) by adding at the end the following:
            ``(3) providing Federal agencies with comprehensive 
        information about Alaska natural gas transportation projects, 
        including industry developments, market factors, technology, 
        and regulatory issues that could affect the Alaska natural gas 
        transportation projects.''.

SEC. 4. DEFINITION OF ALASKA NATURAL GAS PIPELINE.

    Section 168(i)(16) of the Internal Revenue Code of 1986 is 
amended--
            (1) in the matter preceding subparagraph (A), by striking 
        ``the State of Alaska'' and inserting ``the area in the State 
        of Alaska lying north of 64 degrees North latitude'', and
            (2) by striking subparagraph (A) and inserting the 
        following:
                    ``(A) carries Alaska natural gas from the area of 
                the United States (within the meaning of section 
                638(1)) lying north of 64 degrees North latitude to a 
                market, and''.

SEC. 5. LOCATION OF GAS TREATMENT PLANTS.

    Section 43(c)(1)(D) of the Internal Revenue Code of 1986 is 
amended--
            (1) by striking clause (i), and
            (2) by redesignating clauses (ii) and (iii) as clauses (i) 
        and (ii), respectively.
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