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CSSB 2002(JUD): "An Act conferring original jurisdiction on the Alaska Supreme Court for the purpose of providing judicial review of a contract executed under the Alaska Stranded Gas Development Act, and setting the time in which a final agency decision of the commissioner of revenue made under that Act, the constitutionality of a law authorizing a contract enacted under that Act, or the enforceability of a contract executed under a law authorizing a contract enacted under that Act must be legally challenged and by whom; and providing for an effective date."

00 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 AS 43.82.440 is repealed and reenacted to read: 10 Sec. 43.82.440.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 this 12 chapter. Notwithstanding any other provision of law, a person may not bring an action 13 challenging a final agency decision of the commissioner of revenue made under

01 AS 43.82.430(c), the constitutionality of a law authorizing a contract enacted under 02 AS 43.82.435, or the enforceability of a contract executed under a law authorizing a 03 contract enacted under this chapter until that contract has been executed and unless the 04 action is commenced within 120 days after the date that the contract was executed by 05 the state and the other parties to the contract. 06 (b) In this section, "person" means an individual, firm, copartnership, 07 corporation, company, association, joint stock association, or body politic, and 08 includes a trustee, receiver, assignee, or similar representative. 09 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).