00                      CS FOR SENATE BILL NO. 118(FIN)                                                                   
01 "An Act relating to critical and essential minerals."                                                                   
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. The uncodified law of the State of Alaska is amended by adding a new section                          
04 to read:                                                                                                                
05 STRATEGIC PLAN FOR CRITICAL AND ESSENTIAL MINERALS; REPORT. (a)                                                         
06 It is the intent of the legislature that the state develop a strategy to encourage exploration,                         
07 development, production, refining, and value-added manufacturing of critical and essential                              
08 minerals in the state. When considering mineral economics and development and production                                
09 regulatory frameworks at all levels of government, the strategy must                                                    
10            (1)  position state production of critical and essential minerals at the center of                           
11 production in the United States;                                                                                        
12            (2)  support development of emerging technologies and the manufacturing of                                   
13 the required components;                                                                                                
14            (3)  consider the effects of different regulatory frameworks on development of                               
15 critical and essential minerals in the state; and                                                                       

01            (4)  maintain the state's existing environmental standards.                                                  
02 (b)  Not later than the first day of the Second Regular Session of the Thirty-Fourth                                    
03 Alaska State Legislature, the Department of Natural Resources shall provide a report to the                             
04 legislature comparing the state's current production and potential future production to national                        
05 and global production of critical and essential minerals. When determining which minerals are                           
06 critical and essential, the department may rely on the most recent critical minerals lists                              
07 published by the United States Department of Energy, the United States Department of                                    
08 Defense, and the United States Department of the Interior, Geological Survey. When                                      
09 developing the report, the Department of Natural Resources may consult with appropriate                                 
10 state and federal agencies, the University of Alaska, industry representatives, and Native                              
11 corporations. The report must identify strategies to increase industry exploration for and state                        
12 production and development of critical and essential minerals in the next three, five, and 10                           
13 years. The report must compare the state's permitting timelines and exploration incentives                              
14 with the permitting timelines and exploration incentives in other jurisdictions. The                                    
15 commissioner of natural resources shall post the report on the department's Internet website                            
16 and submit the report to the senate secretary and chief clerk of the house of representatives                           
17 and notify the legislature that the report is available.                                                                
18 (c)  Not later than the first day of the Second Regular Session of the Thirty-Fourth                                    
19 Alaska State Legislature, the Department of Commerce, Community, and Economic                                           
20 Development shall provide a report to the legislature identifying the state's role in innovation,                       
21 manufacturing, and transportation. The report must analyze the potential role of state goods in                         
22 supply chains critical to the global economy, including the potential use of state goods in                             
23 electric batteries, solar panels, wind turbines, and connected consumer devices. When                                   
24 developing the report, the Department of Commerce, Community, and Economic                                              
25 Development may consult with appropriate state and federal agencies. The Department of                                  
26 Commerce, Community, and Economic Development may hire a contractor to prepare the                                      
27 report. The report must evaluate whether the state's location is valuable in the global supply                          
28 chain and identify strategies for the next three, five, and 10 years to develop state innovation,                       
29 manufacturing, and transportation. The commissioner of commerce, community, and                                         
30 economic development shall submit the report to the senate secretary and chief clerk of the                             
31 house of representatives and notify the legislature that the report is available.