Session: State Capitol, Room 101 Juneau, AK 99801-1182 Phone: (907) 465-3879 Fax: (907) 465-2069 Subscribe to Newsletter District I & Transportation Committee Info Interim: 716 W 4th Avenue, Suite 530 Anchorage, AK 99501-2133 Phone: (907) 269-0222 Fax: (907) 269-0223

Sponsor Statement for SB 51
Legislative Approval of AK Railroad Land Acquistitions

An Act relating to legislative approval of the acquisition of land by the Alaska Railroad Corporation.

Released: February 14, 2001

"An act relating to legislative approval of the acquisition of land by the Alaska Railroad Corporation"

Senate Bill 51 simply requires that the Alaska Railroad Corporation receive Legislative approval before it acquires land or an interest in land by purchase, lease, transfer, gift, grant, devise, exchange, eminent domain, adverse possession, or other means.

Three exemptions are noted in the Bill:

1. The Anchorage-Wasilla line change project on Elmendorf Air Force Base and Fort Richardson;
2. The Fairbanks intermodal rail yard expansion project;
3. A conveyance of rail properties of the Alaska Railroad under the original Alaska Railroad Transfer Act of 1982 as set out in Title VI, P.L. 97-468.

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