00 HOUSE BILL NO. 3
01 "An Act relating to the purchase and sale of state land; relating to discounts for
02 veterans on state land purchases; and relating to assignments of permanent fund
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
05 * Section 1. AS 38.05.940(a) is amended to read:
06 (a) An eligible veteran is entitled to a discount of 25 percent on the purchase
07 price of state land sold under this title and classified under this chapter [AS 38.05.005
08 - 38.05.270] for a use other than commercial or industrial use.
09 * Sec. 2. AS 38.05.940(b) is amended to read:
10 (b) To be eligible for a discount under (a) of this section, a veteran shall
11 submit proof, as required by regulation, that the veteran
12 (1) is 18 years of age or older on the date of sale;
13 (2) has been a state resident for a period of not less than one year
14 immediately preceding the date of sale; and
01 (3) has served
02 (A) in the Alaska Territorial Guard for at least 90 days, unless
03 the service was shortened due to a service connected disability; or
04 (B) on active duty in the United States armed forces for [U.S.
05 ARMED FORCES] at least 90 days, unless tenure was shortened due to a
06 service connected disability or due to receiving an early separation upon return
07 from a tour of duty overseas, and has received an honorable discharge or a
08 general discharge under honorable conditions.
09 * Sec. 3. AS 38.05.940(c) is amended to read:
10 (c) A veteran is entitled to only one discount under (a) and (b) of this section
11 during the veteran's lifetime.
12 * Sec. 4. AS 38.05.940 is amended by adding a new subsection to read:
13 (f) An individual is entitled to a discount of one-third of the purchase price of
14 state land sold under this title and classified under this chapter for a use other than
15 commercial or industrial use if the individual has received the most current permanent
16 fund dividend and has assigned all of the dividend, or, if the price of the land is less
17 than the amount of the dividend, the portion of the dividend equal to the price of the
18 land, to the Department of Natural Resources under AS 43.23.061. An individual may
19 not combine a discount under this subsection with a discount under (a) and (b) of this
21 * Sec. 5. AS 43.23 is amended by adding a new section to read:
22 Sec. 43.23.061. Assignment of dividend to purchase state land.
23 Notwithstanding AS 43.23.200, the department shall prepare the electronic permanent
24 fund dividend application to allow an applicant who files electronically to direct that
25 all or part of the applicant's dividend payment, less an administrative fee assessed
26 under AS 43.23.210, be assigned to the Department of Natural Resources to be used
27 toward the purchase of state land by the applicant under AS 38.05.045 - 38.05.069.
28 The electronic dividend application form must include notice that an administrative
29 fee will be deducted from the applicant's dividend payment if the applicant directs that
30 the person's dividend payment be used toward the purchase of state land under
31 AS 38.05.045 - 38.05.069.
01 * Sec. 6. AS 43.23.210 is amended to read:
02 Sec. 43.23.210. Fees for processing claims and assignments. The department
03 shall by regulation adopted under AS 44.62 (Administrative Procedure Act) establish
04 fees for processing claims on dividends received by the department under
05 AS 43.23.140, 43.23.160, or 43.23.180 and for processing assignments of dividends
06 received by the department under AS 43.23.061 and 43.23.200(b) [AS 43.23.200(b)].
07 The fees shall cover the administrative expenses of the department associated with the
08 claims and assignments. Fees shall be deducted from the amount of the dividend
09 remaining after payment of the portion claimed or assigned, or, if the entire dividend
10 is claimed or assigned, the fees shall be deducted before the dividend is paid to the
11 creditor or assignee.