00SENATE BILL NO. 82                                                                                                      
01 "An Act relating to the sale or other disposal of certain state property; and                                           
02 providing for an effective date."                                                                                       
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 44.68 is amended by adding a new section to article 2 to read:                                      
05  Sec. 44.68.115.  Approval of sale or other disposition of state property.  (a)                                        
06  Notwithstanding any other provision of law, a state agency may not sell or otherwise                                   
07 dispose of a state facility or piece of equipment to a person other than another state                                  
08 agency if the individual facility or piece of equipment, when not aggregated with other                                 
09 facilities or pieces of equipment, has a value of $1,000,000 or more unless the                                         
10 legislature approves by law the sale or other disposition.                                                              
11  (b)  In this section,                                                                                                 
12   (1)  "facility or piece of equipment" includes, but is not limited to, a                                             
13 vessel of the Alaska marine highway system;                                                                             
14   (2)  "sell or otherwise dispose of" includes any form of transferring                                                

01 property, including lease, exchange, or installment sale, whether or not the state agency                               
02 receives compensation for the property;                                                                                 
03   (3)  "state agency" means  a department, institution, board, commission,                                             
04 division, authority, public corporation, or other administrative unit of the executive                                  
05 branch, including the University of Alaska, the Alaska Railroad Corporation, the                                        
06 Alaska Housing Finance Corporation, and the Alaska Aerospace Development                                                
07 Corporation.                                                                                                            
08    * Sec. 2.  This Act does not apply to a sale or other disposition of a state facility or piece                       
09 of equipment if the contract for the sale or other disposition is entered into before the effective                     
10 date of this Act.                                                                                                       
11    * Sec. 3.  This Act takes effect immediately under AS 01.10.070(c).