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AK HB373

Bill

Status

Passed

4/24/2016

Primary Sponsor

Unknown

Origin

House of Representatives

29th Legislature

AI Summary

  • Legislature approves and ratifies the agreement for sale and purchase of state royalty oil between the State of Alaska and Tesoro Corporation and Tesoro Refining and Marketing Company LLC

  • Sale agreement is attached as Exhibit 1 to the "Final Best Interest Finding and Determination for the Sale of Alaska North Slope Royalty Oil to Tesoro Refining and Marketing Company LLC" dated March 17, 2016

  • Legislative approval constitutes compliance with AS 38.06.055

  • Act takes effect immediately upon enactment under AS 01.10.070(c)

Legislative Description

Approval Of Sale Of Royalty Oil To Tesoro

Oil & Gas

Last Action

EFFECTIVE DATE(S) OF LAW 4/22/16

4/24/2016

Committee Referrals

Finance4/4/2016
Resources3/23/2016

Full Bill Text

No bill text available