00                            SENATE BILL NO. 32                                                                          
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 is amended by adding a new subsection to read:                                          
04            (c)  If a sale of timber may be offered under multiple provisions of                                         
05       AS 38.05.110 - 38.05.123, the commissioner shall determine under which of the                                     
06       applicable provisions to offer the timber consistent with the best interest of the state.                         
07    * Sec 2. AS 38.05.118(a) is amended to read:                                                                       
08            (a)  Notwithstanding AS 38.05.115 and 38.05.120, and upon a finding that                                 
09       the sale is in the best interest of the state [ANY OTHER PROVISION OF                                         
10       AS 38.05.110 - 38.05.120], the commissioner may negotiate a sale of timber to a local                             
11       manufacturer of wood products or a user of wood fiber at appraised value. The                                 
12       period of a contract for a sale of timber negotiated under this section may not exceed                            
13       25 years. The contract shall provide that the appraised value of timber remaining to be                           
14       harvested under the provisions of the contract shall be redetermined at least once every                          
15       five years.                                                                                                       

01    * Sec. 3. AS 38.05.118(c) is repealed.                                                                             
02    * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to                          
03 read:                                                                                                                   
04       APPLICABILITY. Sections 1, 2, and 3 of this Act apply to sales of timber on state                                 
05 land made on or after the effective date of this Act.                                                                   
06    * Sec. 5. This Act takes effect immediately under AS 01.10.070(c).