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.
Section: Previous 38.05.500 38.05.501 38.05.502 38.05.503 38.05.504 38.05.505 NextLast modified: November 15, 2016