This bill aims to enhance agricultural development and food security in Alaska by amending existing laws related to the sale and lease of agricultural land. It introduces new definitions and procedures for agricultural purposes, allowing for the sale and lease of land specifically designated for agricultural use. Key provisions include the requirement that parcels sold or leased must be used for agricultural purposes, with size limitations set between five and 320 acres. The bill also establishes a process for competitive applications for purchasing or leasing agricultural land, ensuring that proposals are evaluated based on their potential contribution to agricultural production in the state.

Additionally, the bill outlines the responsibilities of the commissioner and the department in managing agricultural land transactions, including the need for public notice, competitive interest solicitation, and the evaluation of applications. It emphasizes the importance of using the land for agricultural purposes and includes provisions for performance bonds to ensure compliance with lease terms. The bill also defines "agricultural purposes" broadly, encompassing various agricultural activities, and repeals certain outdated provisions. The act is set to take effect on July 1, 2026.

Statutes affected:
HB0353A, AM HB 353, introduced 02/23/2026: 38.04.020, 38.05.055, 38.05.057, 38.05.059, 38.05.070, 38.05.600, 03.09.010, 38.05.020, 03.10.040, 38.05.321, 38.05.945, 40.25.110, 40.25.220, 38.05.035, 38.05.946, 38.05.840, 38.05.135, 38.05.183, 38.05.069, 38.05.045, 38.05.105, 38.05.084, 38.05.075, 38.05.083, 38.05.810, 38.05.081, 38.05.095, 38.04.045, 38.05.102, 38.05.965