Enrolled HB 283: Relating to limitations on coal leases.

00Enrolled HB 283 01 Relating to limitations on coal leases. 02 _______________ 03 * Section 1. AS 38.05.140(a) is amended to read: 04 (a) A person may not take or hold coal leases or permits during the life of coal 05 leases on state land exceeding an aggregate of 92,160 [46,080] acres, except that a 06 person may apply for coal leases or permits for acreage in addition to 92,160 [46,080] 07 acres, not exceeding a total of 5,120 additional acres of state land. The additional area 08 applied for shall be in multiples of 40 acres and the application shall contain a 09 statement that the granting of a lease for additional land is necessary for the person to 10 carry on business economically and is in the public interest. On the filing of the 11 application, except as provided by AS 38.05.177(a)(2)(C), the coal deposits in the land 12 covered by the application shall be temporarily set aside and withdrawn from all other 13 forms of disposal provided under AS 38.05.135 - 38.05.181.