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AK HB409

Bill

Status

Introduced

4/4/2022

Primary Sponsor

Rules

Click for details

Origin

House of Representatives

32nd Legislature

AI Summary

  • Approves and ratifies the "Agreement for the Sale of Royalty Oil" between the State of Alaska, Petro Star Inc., and Arctic Slope Regional Corporation in accordance with AS 38.06.055
  • References the March 18, 2022 "Final Best Interest Finding and Determination for the Sale of Alaska North Slope Royalty Oil to Petro Star Inc." as Exhibit 1 to the contract
  • Takes effect immediately upon enactment under AS 01.10.070(c)

Legislative Description

Approve Petro Star Inc. Royalty Oil Sale

Oil & Gas

Last Action

REFERRED TO FINANCE

4/7/2022

Committee Referrals

Finance4/7/2022
Resources4/4/2022

Full Bill Text

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