AK HB375

Increases veteran discount on state land purchases from existing law to 25 percent for non-commercial/non-industrial use, with eligibility requiring 18+ years of age, one year state residency, and 90+ days of service in Alaska Territorial Guard or U.S. armed forces with honorable discharge.

Limits eligible veterans to one lifetime discount under the veteran discount provisions.

Creates new one-third purchase price discount for state land if individual assigns current permanent fund dividend to Department of Natural Resources, with option to assign full dividend or portion equal to land price.

Prohibits combining the permanent fund dividend discount with veteran discounts and limits use of the dividend discount to once per year.

Requires electronic permanent fund dividend application to allow assignment of all or part of dividend to Department of Natural Resources for state land purchases, with administrative fee deducted from assigned amount.