Section 37.14.150. Contributions.

Latest version.

During each fiscal year the commissioner of revenue shall transfer to the fund created in AS 37.14.110 a sum equal to one-half of one percent of the total receipts derived from the management of state land, including amounts paid to the state as proceeds of sale or annual rent of surface rights, mineral lease rentals, royalties, royalty sale proceeds, and federal mineral revenue-sharing payments or bonuses.

Authorities

37.05.550;37.14.110

Notes

References

AS 37.05.550 Alaska marine highway system vessel replacement fund.
AS 37.14.110 Public school trust fund established.

History

(Sec. 4 ch 182 SLA 1978)

                    
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