§ 43-82-900

In this chapter, unless the context requires otherwise, (1) 'affected municipality' means an economically affected municipality or a revenue-affected municipality; (2) 'commencement of commercial operations' means the start of regular deliveries of marketable products from an approved qualified project; (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; (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; (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; (6) 'economically affected municipality' means a municipality the commissioner of revenue determines will be reasonably required to provide additional public services under the terms

to governments; (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; (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; (8) 'gas' has the meaning given in AS 43.55.900; (9) 'group' means two or more persons; (10) 'lease or property' has the meaning given in AS 43.55.900; (11) 'periodic payment' means payment made in lieu of one or more other taxes under a contract under AS 43.82.020; (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; (13) 'stranded gas'

e 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; (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.