2006 Alaska Statutes
Title 43 REVENUE AND TAXATION
Chapter 43.82. ALASKA STRANDED GAS DEVELOPMENT ACT
Article 03 CONTRACT DEVELOPMENT
Sec. 43.82.200. Contract development.
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.
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