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AK SB205

Bill

Official Source

Status

Introduced

3/23/2016

Primary Sponsor

Unknown

Origin

Senate

29th Legislature

AI Summary

  • Approves and ratifies an agreement between the State of Alaska, Tesoro Corporation, and Tesoro Refining and Marketing Company LLC for the sale and purchase of state royalty oil from the Alaska North Slope
  • References the sales agreement 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
  • Constitutes legislative approval required under Alaska Statute AS 38.06.055
  • Takes effect immediately upon passage under AS 01.10.070(c)

Legislative Description

Approval Of Sale Of Royalty Oil To Tesoro

Oil & Gas

Last Action

REFERRED TO FINANCE

4/1/2016

Committee Referrals

Finance4/1/2016
Resources3/23/2016

Full Bill Text

No bill text available