Enrolled SB 32: Relating to the sale of timber on state land; and providing for an effective date.

00Enrolled SB 32 01 Relating to the sale of timber on state land; and providing for an effective date. 02 _______________ 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 AS 38.05.118(c) is repealed. 13 * Sec. 5.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).