This bill proposes the repeal of AS 42.05.711(v), which pertains to the regulation of liquefied natural gas import facilities by the Regulatory Commission of Alaska. By removing this section, the bill aims to streamline the regulatory framework governing these facilities, potentially impacting how they are managed and overseen in the state.

The repeal of this provision may reflect a shift in policy or regulatory approach regarding liquefied natural gas imports, although the bill does not provide specific details on the implications of this change. Overall, the legislation seeks to modify the existing legal structure surrounding the regulation of liquefied natural gas import facilities in Alaska.