Bill Advancing Mining Activities Gains Approval From House
HB 360 adds Alaska to the list of states participating as a voting member in the Interstate Mining Compact Commission
Monday, April 9, 2012, Juneau, Alaska – The Alaska House today unanimously approved a bill that gives Alaska an opportunity to build on its mining success, and work together with Lower 48 states to build a better mining industry.
House Bill 360, sponsored by the House State Affairs Committee, elevates the state from an associate member to a full voting member of the Interstate Mining Compact Commission (IMCC). The IMCC is a coalition of 24 mining states that have joined together to represent the environmentally sound resource development interests of its members on a national level. A voting membership in the IMCC gives Alaska a stronger voice in Washington, D.C. in protecting the state’s mining interest.
Rep. Bob Lynn said mining was a foundational part of Alaska’s statehood and continues to be a major economic driver now and into the future. “It was the lure of gold that brought thousands of prospectors,” Lynn, R-Anchorage, said. “Mining continues to be an important industry in Alaska. The state’s seven operating mines account for 4,500 direct mining jobs in Alaska and 9,000 total direct and indirect jobs. Mining brings nearly $150 million in state government revenues; $17 million in local government revenues; and more than $170 million in payments to Alaska Native Corporations.
“Our office worked closely with Senator Cathy Giessel to bring this legislation forward” Lynn said. “Alaska mining jobs and the revenues they bring need to be protected. Having a vote in the process is critical.”
HB 360 now moves to the Alaska Senate for consideration.
For more information, contact Rep. Lynn’s office 465-4931.
For more information on the Interstate Mining Compact Commission visit www.imcc.isa.us.
Posted: April 9, 2012