HB15 — An Act relating to royalty rates and payments for certain oil and gas; and providing for an effective date.

HB15 — An Act relating to royalty rates and payments for certain oil and gas; and providing for an effective date. · Informed CitizenryThe bill amends AS 38.05.180 by adding new subsections regarding royalty rates and payments for oil and gas. For leases on land south of 68 degrees North latitude where commercial production begin…Open in Informed Citizenry