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HB 384: "An Act relating to the schedule of proposed oil and gas lease sales and to a related report to the legislature; and providing for an effective date."

00                             HOUSE BILL NO. 384                                                                          
01 "An Act relating to the schedule of proposed oil and gas lease sales and to a related                                   
02 report to the legislature; and providing for an effective date."                                                        
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 38.05.180(b) is amended to read:                                                                  
05            (b)  The commissioner shall annually [BIENNIALLY] prepare, and [,                                    
06       BETWEEN THE FIRST AND THE 15TH DAY OF THE FIRST REGULAR                                                           
07       SESSION OF EACH LEGISLATURE,] notify the legislature of [THE                                                      
08       AVAILABILITY OF, A FIVE-YEAR PROPOSED OIL AND GAS LEASING                                                         
09       PROGRAM CONSISTING OF] a five-year program [SCHEDULE] of proposed oil                                     
10       and gas lease sales, [AND] specifying as precisely as practicable the location of tracts                  
11       [PROPOSED] to be offered for [OIL AND GAS] leasing during the calendar year of                                
12       the notification [IN WHICH THE PROPOSED PROGRAM IS MADE                                                       
13       AVAILABLE TO THE LEGISLATURE] and the following four calendar years.  The                                     
14       commissioner may, at any time, notify the legislature of revisions, including                                 
01       additions, to the program.  Notification to each legislator, by electronic message                            
02       or other means, constitutes notification to the legislature under this subsection.                            
03    * Sec. 2.  AS 38.05.180(c) is amended to read:                                                                     
04            (c)  Except as provided in (d) and (w) of this section, an oil and gas lease sale                            
05       may not be held unless the legislature was notified under (b) of this section [IT                             
06       WAS INCLUDED IN THE PROPOSED LEASING PROGRAMS SUBMITTED TO                                                        
07       THE LEGISLATURE DURING THE TWO CALENDAR YEARS PRECEDING                                                           
08       THE YEAR IN WHICH THE SALE IS HELD].  A lease sale may not be held before                                         
09       the date listed [IT IS SCHEDULED] in the proposed, or a revised, oil and gas leasing                      
10       program.                                                                                                          
11    * Sec. 3.  AS 38.05.180(e) is amended to read:                                                                     
12            (e)  The [SIMULTANEOUSLY WITH SUBMISSION OF THE LEASING                                                  
13       PROGRAM REQUIRED UNDER (b) OF THIS SECTION, THE] commissioner                                                     
14       annually shall prepare, and notify the legislature of the availability of, a report                   
15       containing the following:                                                                                         
16                 (1)  the schedule of all lease sales held during the preceding calendar                                 
17       year, the bidding method or methods utilized, and an analysis of the results of the                               
18       bidding;                                                                                                          
19                 (2)  if determined, a description of the bidding methods to be used for                                 
20       all lease sales to be held during the current and next two succeeding calendar years;                             
21                 (3)  the reasons a particular bidding method has been selected.                                         
22    * Sec. 4.  This Act takes effect immediately under AS 01.10.070(c).