HB 287: "An Act approving and ratifying the sale of royalty oil by the State of Alaska to Tesoro Corporation and Tesoro Refining and Marketing Company LLC; and providing for an effective date."
00 HOUSE BILL NO. 287 01 "An Act approving and ratifying the sale of royalty oil by the State of Alaska to Tesoro 02 Corporation and Tesoro Refining and Marketing Company LLC; and providing for an 03 effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 06 to read: 07 ROYALTY OIL SALE CONTRACT WITH TESORO CORPORATION AND 08 TESORO REFINING AND MARKETING COMPANY LLC APPROVED AND 09 RATIFIED. In accordance with AS 38.06.055, the legislature approves and ratifies the 10 proposed Amendment to Agreement for the Sale of Royalty Oil attached as Exhibit 1 to the 11 final best interest finding and determination executed January 9, 2014, by the Department of 12 Natural Resources regarding the amendment of the Agreement for the Sale Of Royalty Oil 13 Between and Among the State of Alaska and Tesoro Corporation, a Delaware Corporation 14 and Tesoro Refining and Marketing Company LLC, a Delaware Limited Liability Company,
01 October 25, 2013. 02 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).