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AK HB410

Bill

Official Source

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 and Marathon Petroleum Supply and Trading Company LLC for Alaska North Slope royalty oil
  • References the March 18, 2022 "Final Best Interest Finding and Determination" document as Exhibit 1 to the agreement
  • Authorizes the sale in accordance with AS 38.06.055
  • Takes effect immediately upon enactment under AS 01.10.070(c)

Legislative Description

Approve Marathon Petro Royalty Oil Sale

Oil & Gas

Last Action

REFERRED TO FINANCE

4/7/2022

Committee Referrals

Finance4/7/2022
Resources4/4/2022

Full Bill Text

No bill text available