00                HOUSE CS FOR CS FOR SENATE BILL NO. 2002(JUD)                                                            
01 "An Act conferring original jurisdiction on the Alaska Supreme Court for the purpose                                    
02 of providing judicial review of a contract executed under the Alaska Stranded Gas                                       
03 Development Act, and setting the time in which a final agency decision of the                                           
04 commissioner of revenue made under that Act, the constitutionality of a law authorizing                                 
05 a contract enacted under that Act, or the enforceability of a contract executed under a                                 
06 law authorizing a contract enacted under that Act must be legally challenged and by                                     
07 whom; and providing for an effective date."                                                                             
08 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
09    * Section 1. AS 43.82.440 is repealed and reenacted to read:                                                       
10            Sec. 43.82.440. Judicial review. (a) The Alaska Supreme Court has original                                 
11       and exclusive jurisdiction of any judicial review of a contract developed under                                   
12       AS 43.82.020. Notwithstanding any other provision of law, an action may not be                                    
13       brought challenging a final agency decision of the commissioner of revenue made                                   
01       under AS 43.82.430(c), the constitutionality of a law authorizing a contract enacted                              
02       under AS 43.82.435, or the enforceability of a contract executed under a law                                      
03       authorizing a contract enacted under this chapter until that contract has been executed                           
04       and unless the action is commenced within 60 days after the date that the contract was                            
05       executed by all the parties to the contract.                                                                      
06            (b)  In this section, "contract" means a contract developed under AS 43.82.020.                              
07    * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).