Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House panel approves amendment to expand pipeline authority borrowing to $180 million
Summary
The House Appropriations Government Operations Division voted to attach an amendment increasing the pipeline authority's borrowing capacity to support an east'west natural gas pipeline, raising the authority to $120 million and preserving a combined $180 million line of credit with the Bank of North Dakota.
The House Appropriations Government Operations Division on an unrecorded date approved an amendment to increase the borrowing authority tied to a proposed west'to'east natural gas pipeline, a move sponsors said is intended to help secure permitting and provide capacity certainty to a project still years from construction.
Representative Bosch, who moved the amendment, said the change adjusts a single numerical limit in legislation from last year to expand the state's capacity commitment to the pipeline authority. "I've got an amendment to change... it's just increasing the capacity, authority of the pipeline," Representative Bosch said, explaining the amendment increases the pipeline authority's borrowing from $60 million to $120 million.
Committee members said the expanded commitment is intended to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
