During each fiscal year the commissioner of revenue shall transfer to the fund created in AS 37.14.110 a sum equal to one-half of one percent of the total receipts derived from the management of state land, including amounts paid to the state as proceeds of sale or annual rent of surface rights, mineral lease rentals, royalties, royalty sale proceeds, and federal mineral revenue-sharing payments or bonuses.
Structure Alaska Statutes
Article 2. Public School Trust Fund.
Sec. 37.14.110. Public school trust fund established.
Sec. 37.14.120. Public School Fund Advisory Board created.
Sec. 37.14.130. Powers and duties of board.
Sec. 37.14.150. Contributions.
Sec. 37.14.160. Duties of the commissioner of revenue.