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23rd Alaska State Legislature
The 23rd Alaska State Legislature
Alaska State Representative Hugh ''Bud'' Fate Information

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Session:
State Capitol, Room 128
Juneau, AK 99801-1182
Phone: (907) 465-4976
Fax: (907) 465-3883
Toll Free: (866) 465-4976


Interim:
119 N. Cushman St., Suite 207
Fairbanks, AK 99701
Phone: (907) 452-6084
Fax: (907) 452-6096

Mining Fees/Labor/Royalties/Abandonment
Sponsor Statement for HB 344
Alaska State Legislature
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Attachments Attachments
 
Released:
March 24, 2004
Jim Pound
465-6541 (Jan-May)
452-6084 (June-Dec)





"HB 344 will not solve all the financial problems for the small miner but it will show them that we are opened for business and want to help in any way we can."
- Rep. Fate

 

An Act relating to annual rental fees, statements of annual labor, and production royalty for mining claims; and providing a cure for abandonment.

CS for House Bill 344 is designed to keep the small Alaska Mining Industry in business. Since the 1980's Alaska has seen the small miner disappear from the streams and hills in part because of the costs associated with the industry, but also because of a glitch in Alaska's statute. That language causes a miner to automatically lose their claims if the required paperwork is filed just one day late.

CS for HB 344 will fix the language granting an extension to that deadline. It allows a miner to keep the claims by filing the paperwork and paying a penalty equal to one years rent.

Alaska was founded on mining and long before oil was the meat and potatoes industry in the state. Mom and Pop mines brought their poke to the local community and spent it in the local community. HB 344 will be an important first step in reviving an industry that is good for the local community and the state as a whole.

# # #

 
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