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SB 322: "An Act repealing the limitation on delays imposed on oil and gas lease sales under the Alaska Land Act."

00SENATE BILL NO. 322 01 "An Act repealing the limitation on delays imposed on oil and gas lease sales 02 under the Alaska Land Act." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 38.05.180(c) is amended to read: 05  (c) Except as provided in (d) and (w) of this section, an oil and gas lease sale 06 may not be held unless it was included in the proposed leasing programs submitted to 07 the legislature during the two calendar years preceding the year in which the sale is 08 held. [A LEASE SALE SHALL BE HELD DURING THE CALENDAR QUARTER 09 FOR WHICH IT IS SCHEDULED IN THE PROPOSED OIL AND GAS LEASING 10 PROGRAM BUT MAY BE DELAYED BY THE COMMISSIONER FOR NOT 11 MORE THAN 90 DAYS AFTER THE LAST DAY OF THE CALENDAR 12 QUARTER FOR WHICH IT WAS SCHEDULED IF THE COMMISSIONER 13 DETERMINES THAT A DELAY IS IN THE BEST INTEREST OF THE STATE. 14 A LEASE SALE WHICH IS NOT HELD DURING THE CALENDAR QUARTER

01 FOR WHICH IT WAS SCHEDULED IN THE OIL AND GAS LEASING 02 PROGRAM, OR IN THE FOLLOWING 90-DAY PERIOD AUTHORIZED BY THIS 03 SUBSECTION, MAY BE HELD ONLY IF RESCHEDULED AS PROVIDED IN (b) 04 OF THIS SECTION.] A lease sale may not be held before the date it is scheduled in 05 the proposed oil and gas leasing program.