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Sectional Analysis for HB 222
Annual Rental for Mining Claims

An Act relating annual rental fees for mining.

This bill provides economic stimulation to small miners in pursuit of resource development.

Section 1 of the bill adds subsections (f) and (g) of AS.38.05.211

• clearly defines reduced fee schedules for the first five years or upon development, whichever occurs first.
• defines the types of mining claims and amounts of acreage eligible under this bill.

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Attachments:

• Sponsor Statement for HB 222
  
• Print Friendly Version
  requires Adobe Acrobat Reader - 1 page(s) - 61 K

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