,,ii #aac? ,,congress #a/ ,session ,s4 #dbh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #bh1 #bjac ,mr4 ,begi* introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,environm5t & ,public ,works ,a ,,bill ,to exp$ite ! developm5t ( ,arctic deepwat] ports & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,arctic ,deep ,wat] ,ports ,enhancem5t ,act ( #bjac4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,!re is a press+ national ne$ to prep>e = increas+ human activity & exp&+ comm]ce 9 ! ,arctic4 ,su* activity w likely include oil & gas developm5t1 fi%+1 %ipp+1 & t\rism4 7#b7 ,to respond to ?is increase 9 activity1 !re is a ne$ = port facilities 9 ! ,arctic t c accommodate deep-draft %ips1 support se>* & rescue activities1 sci5tific rese>*1 & ,arctic oil & gas developm5t1 & s]ve z an ,arctic h>bor ( refuge4 7#c7 ,! resid5ts ( ! ,arctic region ( ! ,unit$ ,/ates are "u-s]v$ 9 freight transportation1 & deep-draft ports 9 ! ,arctic w enhance economic opportunities & quality ( life = su* resid5ts4 7#d7 ,arctic communities rely on subsi/5ce hunt+ = economic & cultural survival1 & x is critical to protect ! ,arctic environm5t & ma9ta9 subsi/5ce res\rces4 7#e7 ,coord9at+ & exp$it+ ! developm5t ( deep-draft ports 9 ! ,arctic is 9 ! national int]e/4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,arctic deepwat] port ,! t]m ,arctic deepwat] port means any port facility locat$-- 7,a7 9 wat]s nor? ( #fj degrees latitude nor? & we/ ( #afb degrees longitude we/ t h a wat] dep? ( n less ?an #cj feet2 or 7,b7 9 wat]s nor? ( #fc degrees latitude nor? t h a wat] dep? ( n less ?an #cj feet4 7#b7 ,consum] ,price ,index ,! t]m ,consum] ,price ,index means ! ,consum] ,price ,index = all-urban consum]s1 ,unit$ ,/ates city av]age1 z publi%$ by ! ,bureau ( ,labor ,/ati/ics1 or if su* index %all cease to be publi%$1 any successor index or reasonable sub/itute !re(4 7#c7 ,coord9ator ,! t]m ,coord9ator means ! ,f$]al ,coord9ator = ,arctic ,deepwat] ,port ,projects appo9t$ "u section #g7;b77#a74 7#d7 ,develop] ,! t]m develop]1 ) respect to an ,arctic deepwat] port1 means any private entity1 ,/ate1 municipal1 or bor\gh gov]nm5t1 ,alaska ,native corporation creat$ by section #g ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afjf71 or ! we/]n ,alaska community developm5t quota program creat$ by section #cje7;i77#a7 ( ! ,magnuson-,/ev5s ,fi%]y ,cons]vation & ,managem5t ,act t is seek+ to develop an arctic deepwat] port4 7#e7 ,developm5t ,! t]m developm5t1 ) respect to an ,arctic deepwat] port1 means any aspect ( ! developm5t1 con/ruction1 or op]ation ( su* port4 7#f7 ,eligible l5d] ,! t]m eligible l5d] means any non-,f$]al qualifi$ in/itutional buy] 7z def9$ by section #bcj4add;,a7a7 ( title #ag1 ,code ( ,f$]al ,regulations 7or any successor regulation71 kn[n z ,rule #add;,a7a7 ( ! ,securities & ,ex*ange ,commission & issu$ "u ! ,securities ,act ( #aicc71 includ+-- 7,a7 a qualifi$ retirem5t plan 7z def9$ 9 section #digd7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7#bf ,u4,s4,c4 #digd7;c77 t is a qualifi$ in/itutional buy]2 & 7,b7 a gov]nm5tal plan 7z def9$ 9 section #dad7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7#bf ,u4,s4,c4 #dad7;d77 t is a qualifi$ in/itutional buy]4 7#g7 ,environm5tal review ,! t]m environm5tal review means an environm5tal impact /atem5t1 environm5tal assessm5t1 or o!r docum5t requir$ = compliance ) ! ,national ,environm5tal ,policy ,act ( #aifi 7#db ,u4,s4,c4 #dcba et seq474 7#h7 ,f$]al gu>antee in/rum5t ,! t]m ,f$]al gu>antee in/rum5t means any gu>antee or o!r pl$ge by ! ,secret>y to pl$ge ! full fai? & cr$it ( ! ,unit$ ,/ates to pay all ( ! pr9cipal & int]e/ on any loan or o!r debt obligation ent]$ into by a hold] ( a c]tificate ( public conv5i5ce & necessity4 7#i7 ,(fice ,except z o!rwise specifically provid$1 ! t]m ,(fice means ! ,(fice ( ! ,f$]al ,arctic ,deepwat] ,port ,coord9ator e/abli%$ "u section #g7;a74 7#aj7 ,secret>y ,except z o!rwise specifically provid$1 ! t]m ,secret>y means ! ,secret>y ( ! ,army4 #d4 ,arctic deepwat] port developm5t p>tn]%ips ,! ,secret>y is au?oriz$ to ent] into p>tn]%ip agreem5ts ) develop]s-- 7#a7 to plan1 survey1 design1 con/ruct1 ma9ta91 or op]ate ,arctic deepwat] ports2 7#b7 to provide te*nical assi/ance = ! activities describ$ 9 p>agraph 7#a72 & 7#c7 to receive funds = su* activities f ,f$]al1 non-,f$]al1 & private entities1 includ+ develop]s ( an ,arctic deepwat] ports t h an agreem5t ) ! ,secret>y = su* an activity "u ?is section4 #e4 ,arctic ,port ,infra/ructure ,developm5t ,fund 7a7 ,e/abli%m5t ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a tru/ fund to be kn[n z ! ,arctic ,port ,infra/ructure ,developm5t ,fund1 consi/+ ( su* am\nts z may be appropriat$ or cr$it$ to su* ,fund1 z provid$ 9 ?is section4 7b7 ,deposits 9 ! ,fund ,!re may be deposit$ into ! ,arctic ,port ,infra/ructure ,developm5t ,fund-- 7#a7 am\nts f ,f$]al1 non-,f$]al1 & private entities receiv$ by ! ,secret>y "u section #d7c72 & 7#b7 su* am\nts z may be appropriat$ or transf]r$ to ! ,fund "u ?is section4 7c7 ,exp5ditures ,am\nts 9 ! ,arctic ,port ,infra/ructure ,developm5t ,fund %all be available to ! ,secret>y-- 7#a7 to adm9i/] & c>ry out ,arctic deepwat] port developm5t projects2 7#b7 to make refunds relat$ to ,arctic deepwat] port developm5t projects t w n be complet$2 & 7#c7 to make loan gu>antees z describ$ 9 subsection 7d74 7d7 ,loan gu>antees 7#a7 ,au?ority 7,a7 ,9 g5]al ,! ,secret>y may ent] into agreem5ts ) develop]s to issue ,f$]al gu>antee in/rum5ts ) respect to loans & o!r debt obligations = ,arctic deepwat] ports4 7,b7 ,expiration ( au?ority ,! au?ority ( ! ,secret>y to issue ,f$]al gu>antee in/rum5ts "u ?is section = ,arctic deepwat] ports %all expire on ! date t is #cj ye>s f ! date ( enactm5t ( ?is ,act4 7#b7 ,conditions ,! ,secret>y may issue a ,f$]al gu>antee in/rum5t "u ?is section = ,arctic deepwat] ports only if ! loan or o!r debt obligation gu>ante$ by ! in/rum5t has be5 issu$ by an eligible l5d]4 7#c7 ,limitations on am\nts 7,a7 ,limitation on p]c5tage ( total capital co/s ,! am\nt ( loans & o!r debt obligations gu>ante$ "u ?is section = ,arctic deepwat] ports %all n exce$ #ge p]c5t ( ! total capital co/s ( ! project1 includ+ int]e/ dur+ con/ruction4 7,b7 ,maximum am\nt gu>ante$ ,! pr9cipal am\nt ( loans & o!r debt obligations gu>ante$ "u ?is section %all n exce$1 9 ! aggregate1 #c1jjj1jjj1jjj1 :i* am\nt %all be index$ = ,unit$ ,/ates doll> inflation f ! date ( ! enactm5t ( ?is ,act1 z measur$ by ! ,consum] ,price ,index4 7#d7 ,loan t]ms & fees 7,a7 ,9 g5]al ,! ,secret>y may issue ,f$]al gu>antee in/rum5ts "u ?is section t take into acc\nt repaym5t pr(iles & grace p]iods ju/ifi$ by project ca% fl[s & project-specific consid]ations4 7,b7 ,maximum loan t]m ,! t]m ( any loan gu>ante$ "u ?is section %all n exce$ #cj ye>s4 7,c7 ,fees ,an eligible l5d] may assess & collect f ! borr[] su* o!r fees & co/s associat$ ) ! application & orig9ation ( ! loan or o!r debt obligation z are reasonable & cu/om>y = a project f9ance transaction 9 ! transportation infra/ructure sector4 7#e7 ,regulations ,! ,secret>y may issue regulations to c>ry out ?is subsection4 7e7 ,transf]s1 availability ( funds 7#a7 ,au?orization ( appropriations 7,a7 ,arctic deepwat] port developm5t projects ,!re are au?oriz$ to be appropriat$ to ! ,arctic ,port ,infra/ructure ,developm5t ,fund su* sums z may be necess>y to c>ry out p>agraphs 7#a7 & 7#b7 ( subsection 7c74 7,b7 ,loan gu>antees ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to cov] ! co/ ( loan gu>antees "u ?is section1 z def9$ by section #ejb7e7 ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a7#e774 7#b7 ,transf]s ,am\nts appropriat$ or o!rwise made available = any fiscal ye> = an ,arctic deepwat] port facility may be transf]r$1 at ! option ( ! recipi5t ( su* am\nts1 to ! ,arctic ,port ,infra/ructure ,developm5t ,fund & adm9i/]$ by ! ,secret>y z a compon5t ( an ,arctic deepwat] port developm5t project4 7#c7 ,availability ( funds ,am\nts appropriat$ pursuant to an au?orization ( appropriations 9 ?is subsection & o!r am\nts 9 ! ,arctic ,port ,infra/ructure ,fund %all rema9 available until exp5d$4 #f4 ,environm5tal reviews = ,arctic deepwat] ports 7a7 ,designation ( lead ag5cy 7#a7 ,9 g5]al ,! ,secret>y-- 7,a7 %all be ! lead = purposes ( comply+ ) ! ,national ,environm5tal ,policy ,act ( #aifi 7#db ,u4,s4,c4 #dcba et seq47 = ! developm5t ( an ,arctic deepwat] port1 reg>dless ( ! ag5cy or dep>tm5t ( ! ,unit$ ,/ates tak+ ! action t requires compliance ) su* ,act2 & 7,b7 %all be responsible = prep>+ any environm5tal review relat$ to su* action4 7#b7 ,consolidation ( /atem5ts ,9 c>ry+ out p>agraph 7#a71 ) respect to any environm5tal review = an action relat$ to developm5t ( an ,arctic deepwat] port1 ! ,secret>y %all prep>e a s+le docum5t1 :i* %all consolidate ! environm5tal reviews ( ea* ag5cy or dep>tm5t ( ! ,unit$ ,/ates consid]+ any aspect ( su* action4 7#c7 ,satisfaction ( requirem5ts ,an environm5tal review prep>$ by ! ,secret>y "u p>agraph 7#a7 = an action relat$ to developm5t ( an ,arctic deepwat] port %all be adopt$ by ea* appropriate ag5cy or dep>tm5t ( ! ,unit$ ,/ates 9 satisfaction ( ! responsibilities ( su* ag5cy or dep>tm5t "u ! ,national ,environm5tal ,policy ,act ( #aifi 7#db ,u4,s4,c4 #dcba et seq47 ) respect to su* action4 7b7 ,exp$it$ process ,! ,secret>y %all-- 7#a7 n lat] ?an #a ye> aft] ! date t ! ,secret>y det]m9es t an application = an environm5tal review relat$ to an ,arctic deepwat] port is complete1 issue a draft v]sion ( ! environm5tal review2 & 7#b7 n lat] ?an #ahj days aft] ! date ( issuance ( su* draft v]sion1 issue ! f9al v]sion ( ! environm5tal review1 unless ! ,secret>y = good cause det]m9es t additional "t is ne$$4 7c7 ,coop]ation ) o!r ag5cies 7#a7 ,9 g5]al ,ea* ag5cy or dep>tm5t ( ! ,unit$ ,/ates t1 if n = subsection 7a71 w\ld be requir$ to prep>e an environm5tal review = any aspect ( ! developm5t ( an ,arctic deepwat] port project %all-- 7,a7 coop]ate ) ! ,secret>y2 & 7,b7 comply ) deadl9es e/abli%$ by subsection 7b7 = ! issuance ( ! environm5tal review by ! ,secret>y4 #g4 ,f$]al ,coord9ator = ,arctic ,deepwat] ,port ,projects 7a7 ,(fice ( ! ,f$]al ,arctic ,deepwat] ,port ,coord9ator ,!re is e/abli%$1 z an indep5d5t (fice 9 ! ,(fice ( ! ,assi/ant ,secret>y ( ! ,army = ,civil ,works ( ! ,dep>tm5t ( ! ,army1 ! ,(fice ( ! ,f$]al ,arctic ,deepwat] ,port ,coord9ator4 7b7 ,coord9ator = ,arctic ,deepwat] ,port ,projects 7#a7 ,appo9tm5t ,! ,(fice %all be head$ by a ,f$]al ,coord9ator = ,arctic ,deepwat] ,port ,projects1 :o %all be appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate4 7#b7 ,comp5sation ,! ,coord9ator %all be comp5sat$ at ! rate prescrib$ = level ,,iii ( ! ,executive ,s*$ule set out 9 section #ecad ( title #e1 ,unit$ ,/ates ,code4 7#c7 ,duties ,! ,coord9ator %all be responsible =-- 7,a7 coord9at+ ! exp$iti\s dis*>ge ( all activities ( ! ag5cies & dep>tm5ts ( ! ,unit$ ,/ates = ! prep>ation ( environm5tal reviews relat$ to ! developm5t ( an ,arctic deepwat] port2 7,b7 ensur+ ! compliance ( su* ag5cies or dep>tm5ts ) ! provisions ( ?is ,act2 7,c7 assess+ pot5tial p>tn]%ips describ$ 9 section #d & advis+ ! ,secret>y on su* p>tn]%ips2 & 7,d7 assess+ applications = loan gu>antees "u section #e7;d7 & advis+ ! ,secret>y on su* t]ms z may be advisable to issue su* gu>antees4 7c7 ,prohibition ( c]ta9 t]ms & conditions ,no ag5cy or dep>tm5t ( ! ,unit$ ,/ates may include 9 any c]tificate1 "r-(-way1 p]mit1 lease1 or o!r au?orization issu$ = an ,arctic deepwat] port any t]m or condition t may be p]mitt$1 b is n requir$ by1 any applicable law if ! ,coord9ator det]m9es t su* t]m or condition w\ld prev5t or impair 9 any significant respect ! exp$iti\s con/ruction & op]ation1 or an expansion1 ( an ,arctic deepwat] port4 7d7 ,prohibition ( c]ta9 actions ,unless requir$ by law1 no ag5cy or dep>tm5t ( ! ,unit$ ,/ates %all add to1 am5d1 or abrogate any c]tificate1 "r-(-way1 p]mit1 lease1 or o!r au?orization issu$ to an ,arctic deepwat] port if ! ,coord9ator det]m9es t ! action w\ld prev5t or impair 9 any significant respect ! exp$iti\s con/ruction & op]ation1 or an expansion1 ( an ,arctic deepwat] port4 #h4 ,assi/ance to develop]s ( ,arctic deepwat] ports 7a7 ,infra/ructure f9ance fund+ ,not)/&+ any limitation ( *apt] #f ( title #bc1 ,unit$ ,/ates ,code1 a develop] ( an ,arctic deepwat] port %all be eligible = assi/ance f ! funds made available pursuant to su* *apt] = ! developm5t ( su* port4 7b7 ,role ( ! ,coa/ ,gu>d 7#a7 ,9 g5]al ,! ,comm&ant ( ! ,coa/ ,gu>d is au?oriz$-- 7,a7 to ent] into long-t]m lease = moorage1 w>eh\s+1 hang> space1 & logi/ical support ) a develop] ( an ,arctic deep wat] port2 & 7,b7 to convey any prop]ty deem$ surplus to ! ,coa/ ,gu>d's ne$s 9 ,alaska to any ,alaskan bor\gh1 municipality or native corporation seek+ to develop an ,arctic deepwat] port4 #i4 ,deepwat] ,port ,act ( #aigd am5dm5t ,section #c7i77;,a7 ( ! ,deepwat] ,port ,act ( #aigd 7#cc ,u4,s4,c4 #aejb7i77;,a77 is am5d$ by /rik+ uses & ins]t+ uses1 includ+ g5]al h&l+ ( c>go1 %ip s]vice or repair1 logi/ical support = gov]nm5t & private sector activities at sea1 or s]vice z a h>bor ( refuge14 #aj4 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ #c1jjj1jjj = ea* fiscal ye> to c>ry out ?is ,act4