Section 38.05.504. Proceeds to the general fund.

Latest version.

The proceeds of sales, fees, rents, royalties or other receipts from the land paid to the state under the provisions of AS 38.05.500 - 38.05.505 shall be deposited in the general fund, and the legislature may provide for payments in lieu of taxes to local governments.

Notes

History

(1982 Initiative Proposal No. 5, Sec. 1)

                    
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