Alaska Statutes (Last Updated: January 11, 2017) |
Title 43. REVENUE AND TAXATION. |
Chapter 43.82. ALASKA STRANDED GAS DEVELOPMENT ACT. |
Article 43.82.03. CONTRACT DEVELOPMENT. |
Section 43.82.200. Contract development.
Latest version.
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If the commissioner approves an application and proposed project plan under AS 43.82.140, the commissioner may develop a contract that may include
(1) terms concerning periodic payment in lieu of one or more taxes as provided in AS 43.82.210;
(2) terms developed under AS 43.82.220 relating to
(A) timing and notice of the state's right to take royalty in kind or in value; and
(B) royalty value;
(3) terms regarding the hiring of Alaska residents and contracting with Alaska businesses under AS 43.82.230;
(4) terms regarding periodic payment to, or an equity or other interest in a project for, municipalities under AS 43.82.500;
(5) terms regarding arbitration or alternative dispute resolution procedures;
(6) terms and conditions for administrative termination of a contract under AS 43.82.445; and
(7) other terms or conditions that are
(A) necessary to further the purposes of this chapter; or
(B) in the best interests of the state.
Authorities
43.82.240;43.82.300;43.82.310;43.82.400;43.82.500;43.82.520
Notes
References
AS 43.82.240 Use of an independent contractor.
AS 43.82.300 Requests for information.
AS 43.82.310 Disclosure of information; confidentiality.
AS 43.82.400 Preliminary findings and determination regarding the contract.
AS 43.82.500 Obligation to share payments with municipalities.
AS 43.82.520 Duties of the commissioner of revenue in relation to municipal participation.
History
(Sec. 3 ch 104 SLA 1998)