00 CS FOR SENATE BILL NO. 32(RES)
01 "An Act relating to the sale of timber on state land; and providing for an effective date."
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
03 * Section 1. AS 38.05.110 is amended by adding a new subsection to read:
04 (c) If a sale of timber may be offered under multiple provisions of
05 AS 38.05.110 - 38.05.123, the commissioner shall determine the applicable provisions
06 under which to offer the timber.
07 * Sec. 2. AS 38.05.118(a) is amended to read:
08 (a) Notwithstanding AS 38.05.115 and 38.05.120, and upon a finding that
09 the sale is in the best interest of the state [ANY OTHER PROVISION OF
10 AS 38.05.110 - 38.05.120], the commissioner may negotiate a sale of timber to a local
11 manufacturer of wood products or a user of wood fiber at appraised value. The
12 period of a contract for a sale of timber negotiated under this section may not exceed
13 25 years. The contract shall provide that the appraised value of timber remaining to be
14 harvested under the provisions of the contract shall be redetermined at least once every
15 five years.
01 * Sec. 3. AS 38.05.118(c) is repealed.
02 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to
04 APPLICABILITY. Sections 1 - 3 of this Act apply to sales of timber on state land
05 made on or after the effective date of this Act.
06 * Sec. 5. This Act takes effect immediately under AS 01.10.070(c).