CSSSHB 3(FIN): "An Act relating to the purchase and sale of state land; relating to discounts for veterans on state land purchases; and providing for an effective date."
00 CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 3(FIN) 01 "An Act relating to the purchase and sale of state land; relating to discounts for 02 veterans on state land purchases; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 38.05.940(a) is amended to read: 05 (a) An eligible veteran is entitled to a discount of one-third of [25 PERCENT 06 ON] the purchase price of state land sold under this title and classified under this 07 chapter [AS 38.05.005 - 38.05.270] for a use other than commercial or industrial use. 08 * Sec. 2. AS 38.05.940(b) is amended to read: 09 (b) To be eligible for a discount under this section, a veteran shall submit 10 proof, as required by regulation, that the veteran 11 (1) is 18 years of age or older on the date of sale; 12 (2) has been a state resident for a period of not less than one year 13 immediately preceding the date of sale; and 14 (3) has served
01 (A) in the Alaska Territorial Guard for at least 90 days, unless 02 the service was shortened due to a service connected disability; or 03 (B) on active duty in the United States armed forces for [U.S. 04 ARMED FORCES] at least 90 days, unless tenure was shortened due to a 05 service connected disability or due to receiving an early separation upon return 06 from a tour of duty overseas, and has received an honorable discharge or a 07 general discharge under honorable conditions. 08 * Sec. 3. AS 38.05.940 is amended by adding a new subsection to read: 09 (f) A discount under this section may not be combined with another veteran's 10 discount under this section. 11 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 12 read: 13 VETERANS' DISCOUNT; APPLICABILITY. Notwithstanding the amendment of 14 AS 38.05.940(a) by sec. 1 of this Act, AS 38.05.940(a), as it read on July 31, 2019, applies to 15 discounted land sales to eligible veterans under AS 38.05 that occurred on or before July 31, 16 2019. 17 * Sec. 5. This Act takes effect August 1, 2019.