Amendment sought to establish a Trans-Alaska Pipeline Restoration Trust Fund to be financed and used by pipeline owners for environmental restoration and rehabilitation in Alaska after the oil had been extracted.

Ask AI
Amendment Number
344
Description
Amendment sought to establish a Trans-Alaska Pipeline Restoration Trust Fund to be financed and used by pipeline owners for environmental restoration and rehabilitation in Alaska after the oil had been extracted.
Purpose
An amendment to establish a five cents per barrel fee on Trans-Alaska Pipeline oil to be used for environmental restoration and rehabilitation after the pipeline shuts down. Receipts from the fee would be placed in a Trans-Alaska Restoration Bond Fund to be owned and administered by the pipeline owners.
Congress
101
Type
HAMDT
Latest Action Date
Nov 9, 1989
Latest Action Text
By unanimous consent, the Owens (UT) amendment was withdrawn.
Latest Action Time
17:06:06
Submitted Date
Nov 9, 1989
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 344 — Informed