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AK SB239

Bill

Official Source

Status

Passed

4/20/2022

Primary Sponsor

Rules

Click for details

Origin

Senate

32nd Legislature

AI Summary

SB 239 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

  • The agreement is based on the "Final Best Interest Finding and Determination for the Sale of Alaska North Slope Royalty Oil to Petro Star Inc." dated March 18, 2022

  • Takes effect immediately upon enactment under AS 01.10.070(c)

Legislative Description

Approve Petro Star Inc. Royalty Oil Sale

Oil & Gas

Last Action

EFFECTIVE DATE(S) OF LAW 4/20/22

4/20/2022

Committee Referrals

Finance4/13/2022
Resources3/25/2022

Full Bill Text

No bill text available