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AK SB219
Bill
AI Summary
SB219 Summary
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Allows state land sales and leases to be conducted through sealed bid in addition to public auction, giving the commissioner discretion to choose the method.
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Raises the threshold for negotiated land leases from $5,000 to $10,000 per year, allowing director to negotiate without competitive bidding for lower-value leases.
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Creates a new Article 13A establishing procedures for selling state materials (aggregate, gravel, sand, peat, etc.) through designated sources via negotiated sales, competitive sales, or personal use without cost up to specified limits.
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Allows submerged land mining leases to be renewed for up to 20 years at the director's discretion if in the state's best interests, and clarifies that miners pay royalties on a calendar or fiscal year basis.
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Modifies public notice requirements to prioritize posting on the Alaska Online Public Notice System for at least 30 consecutive days, with supplemental newspaper and other notices required.
Legislative Description
Disposals Of State Resources
Leases
Last Action
REFERRED TO FINANCE
4/4/2012