AK HB317

Eliminates annual labor requirements for mining claims and leasehold locations; removes requirement to record statements of annual labor for labor years beginning September 1, 2018 and later.

Increases rental rates for mining claims, leasehold locations, and prospecting sites, with rates indexed to 2018 Consumer Price Index and adjusted every 10 years.

Requires applicants and holders of mining leases and claims to submit notarized affidavits verifying they are "bona fide miners" seeking mineral exploration and development in good faith, not prevention of such activities.

Waives the cure penalty for abandonment when failure to record a statement of annual labor alone constituted the abandonment under prior law.

Repeals Alaska Statutes sections 27.10.130, 27.10.150-27.10.240 and 38.05.210, 38.05.215-38.05.242 relating to annual labor requirements; takes effect September 2, 2018.