00 Enrolled SB 348                                                                                                         
01 Approving and ratifying the sale of royalty oil by the State of Alaska to Flint Hills Resources                         
02 Alaska, LLC, and Flint Hills Resources, LLC; and providing for an effective date.                                       
03                           _______________                                                                               
04    * Section 1.  The uncodified law of the State of Alaska is amended by adding a new section                         
05 to read:                                                                                                                
06       ROYALTY OIL SALE CONTRACT WITH FLINT HILLS RESOURCES                                                              
07 APPROVED AND RATIFIED.  The legislature approves and ratifies the agreement dated                                       
08 February 25, 2004, for the sale and purchase of state royalty oil between the State of Alaska                           
09 and Flint Hills Resources Alaska, LLC, and Flint Hills Resources, LLC.                                                  
10    * Sec. 2.  This Act takes effect immediately under AS 01.10.070(c).