00                HOUSE CS FOR 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(b) is amended to read:                                                                   
04            (b)  The timber receipts account is established in the state treasury. The                                   
05       revenue from the sale of timber from state land [LANDS] shall be deposited in the                             
06       timber receipts account. Subject to appropriation, the commissioner shall provide                             
07       25 percent of the revenue from a sale of timber under this section to forestry                                
08       programs operated by the department in the municipality, reserve, or community                                
09       in which the timber was harvested or, if the timber was not harvested in a                                    
10       municipality, reserve, or community, the municipality, reserve, or community                                  
11       closest to the area where the timber was harvested. The legislature may also                              
12       appropriate money deposited into the timber receipts account for implementation of                                
13       the state timber disposal program by the department or for any other public purpose.                              
14    * Sec. 2. AS 38.05.110 is amended by adding a new subsection to read:                                              
15            (c)  If a sale of timber may be offered under multiple provisions of                                         

01       AS 38.05.110 - 38.05.123, the commissioner shall determine the applicable provisions                              
02       under which to offer the timber.                                                                                  
03    * Sec. 3. AS 38.05.118(a) is amended to read:                                                                      
04            (a)  Notwithstanding AS 38.05.115 and 38.05.120, and upon a finding that                                 
05       the sale is in the best interest of the state [ANY OTHER PROVISION OF                                         
06       AS 38.05.110 - 38.05.120], the commissioner may negotiate a sale of timber to a local                             
07       manufacturer of wood products or a user of wood fiber at appraised value. The                                 
08       period of a contract for a sale of timber negotiated under this section may not exceed                            
09       25 years. The contract shall provide that the appraised value of timber remaining to be                           
10       harvested under the provisions of the contract shall be redetermined at least once every                          
11       five years.                                                                                                       
12    * Sec. 4. AS 38.05.118(c) is repealed.                                                                             
13    * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to                          
14 read:                                                                                                                   
15       APPLICABILITY. Sections 1 - 4 of this Act apply to sales of timber on state land                                  
16 made on or after the effective date of this Act.                                                                        
17    * Sec. 6. This Act takes effect immediately under AS 01.10.070(c).