Alaska Statutes: AS 38.05.940. Land Purchase Price Discount For Veterans.

Alaska Statutes. Title 38. Public Land Chapter 5. Alaska Land Act Section 940. Land Purchase Price Discount For Veterans.

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AS 38.05.940. Land Purchase Price Discount For Veterans.

(a) An eligible veteran is entitled to a discount of 25 percent on the purchase price of state land sold under this title and classified under AS 38.05.005 - 38.05.270 for a use other than commercial or industrial use.
(b) To be eligible for a discount under this section, a veteran shall submit proof, as required by regulation, that the veteran

(1) is 18 years of age or older on the date of sale;

(2) has been a state resident for a period of not less than one year immediately preceding the date of sale; and

(3) has served

(A) in the Alaska Territorial Guard for at least 90 days, unless the service was shortened due to a service connected disability; or

(B) on active duty in the U.S. Armed Forces at least 90 days, unless tenure was shortened due to a service connected disability or due to receiving an early separation upon return from a tour of duty overseas, and has received an honorable discharge or a general discharge under honorable conditions.
(c) A veteran is entitled to only one discount under this section during the veteran's lifetime.
(d) A discount under this section may be applied only to the acquisition of surface rights to state land. A discount under this section may not be applied to survey costs, road development costs, utility assessments, or other costs that the commissioner determines are reimbursable to the state.
(e) A discount under this section may not be used toward the purchase of land offered at a restricted sale under AS 38.05.067 .

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