---
type: "Bill"
title: "An Act approving and ratifying the sale of royalty oil by the State of Alaska to Marathon Petroleum Supply and Trading Company LLC; and providing for an effective date."
description: "An Act approving and ratifying the sale of royalty oil by the State of Alaska to Marathon Petroleum Supply and Trading Company LLC; and providing for an effective date."
jurisdiction: "us/states/ak"
legislature: "Alaska Legislature"
session: "32"
identifier: "SB 240"
citation: "Alaska SB 240 (32)"
classification: ["bill"]
subjects: ["CONTRACTS", "OIL & GAS", "SALES"]
status: "enacted"
primary_sponsors: ["SENATE RULES BY REQUEST OF THE GOVERNOR"]
version_count: 2
action_count: 56
vote_count: 2
first_action: "2022-03-25"
last_action: "2022-04-20"
source: "openstates"
source_identifier: "ocd-bill/72bd79d3-1233-427a-839c-fd2b2415fd72"
source_url: "https://www.akleg.gov/basis/Bill/Detail/32?Root=SB240"
source_hash: "fa494a6d4d27953f030e12069b88eaa904459dd43219343989b386b31c053de9"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ak"]
---

# Alaska SB 240 (32) — An Act approving and ratifying the sale of royalty oil by the State of Alaska to Marathon Petroleum Supply and Trading Company LLC; and providing for an effective date.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Enrolled SB 240** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/32?Hsid=SB0240Z)
2. **SB 240** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/32?Hsid=SB0240A)

## Votes

- (H) PASSED Y31 E9 #2547 — **31–0** (pass) · lower
- (S) PASSED Y14 N- E2 A4 #2306 — **14–0** (pass) · upper

## Sponsors

- SENATE RULES BY REQUEST OF THE GOVERNOR — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-03-25** (S) READ THE FIRST TIME - REFERRALS `reading-1`
- **2022-03-25** (S) RES, FIN
- **2022-03-25** (S) FN1: (DNR)
- **2022-03-25** (S) GOVERNOR'S TRANSMITTAL LETTER
- **2022-03-25** (S) FINDINGS REPORT (PER AS 38.06.050 & AS 38.05.183)
- **2022-03-25** (S) RESOURCES at 03:30 PM BUTROVICH 205
- **2022-03-25** (S) Scheduled but Not Heard
- **2022-03-25** (S) Minutes (SRES)
- **2022-03-28** (S) RESOURCES at 03:30 PM BUTROVICH 205
- **2022-03-28** (S) -- MEETING CANCELED --
- **2022-03-30** (S) RESOURCES at 03:30 PM BUTROVICH 205
- **2022-03-30** (S) Moved SB 240 Out of Committee
- **2022-03-30** (S) Minutes (SRES)
- **2022-04-04** (S) RES RPT 4DP
- **2022-04-04** (S) DP: MICCICHE, KIEHL, BISHOP, STEVENS
- **2022-04-04** (S) FN1: (DNR)
- **2022-04-05** (S) FINANCE at 01:00 PM SENATE FINANCE 532
- **2022-04-05** (S) Heard & Held
- **2022-04-05** (S) Minutes (SFIN)
- **2022-04-06** (S) FIN RPT 3DP 3NR
- **2022-04-06** (S) DP: BISHOP, HOFFMAN, VON IMHOF
- **2022-04-06** (S) NR: STEDMAN, WILSON, WIELECHOWSKI
- **2022-04-06** (S) FN1: (DNR)
- **2022-04-06** (S) FINANCE at 09:00 AM SENATE FINANCE 532
- **2022-04-06** (S) Moved SB 240 Out of Committee
- **2022-04-06** (S) Minutes (SFIN)
- **2022-04-11** (S) RULES TO CALENDAR 4/12/2022
- **2022-04-12** (S) READ THE SECOND TIME `reading-2`
- **2022-04-12** (S) ADVANCED TO THIRD READING UC `reading-3`
- **2022-04-12** (S) READ THE THIRD TIME SB 240 `reading-3`
- **2022-04-12** (S) PASSED Y14 N- E2 A4 `passage`
- **2022-04-12** (S) EFFECTIVE DATE(S) SAME AS PASSAGE
- **2022-04-12** (S) TRANSMITTED TO (H) `passage`
- **2022-04-12** (S) VERSION: SB 240
- **2022-04-13** (H) READ THE FIRST TIME - REFERRALS `reading-1`
- **2022-04-13** (H) FIN
- **2022-04-14** (H) RULES TO CALENDAR PENDING FIN RPT
- **2022-04-14** (H) MOVED TO BOTTOM OF CALENDAR
- **2022-04-14** (H) FIN RPT 9DP
- **2022-04-14** (H) DP: ORTIZ, EDGMON, LEBON, CARPENTER, JOHNSON, WOOL, JOSEPHSON, MERRICK, FOSTER
- **2022-04-14** (H) FN2: (DNR)
- **2022-04-14** (H) RULES TO CALENDAR 4/14/2022
- **2022-04-14** (H) READ THE SECOND TIME `reading-2`
- **2022-04-14** (H) ADVANCED TO THIRD READING UC `reading-3`
- **2022-04-14** (H) READ THE THIRD TIME SB 240 `reading-3`
- **2022-04-14** (H) PASSED Y31 E9 `passage`
- **2022-04-14** (H) EFFECTIVE DATE(S) SAME AS PASSAGE
- **2022-04-14** (H) RETURN TO (S), TRANSMIT TO GOV NEXT
- **2022-04-14** (H) VERSION: SB 240
- **2022-04-14** (H) FINANCE at 01:30 PM ADAMS 519
- **2022-04-14** (H) Moved SB 240 Out of Committee -- Recessed to 10 Minutes Following Session --
- **2022-04-14** (H) Minutes (HFIN)
- **2022-04-19** (S) MANIFEST ERROR(S)
- **2022-04-19** (S) 10:40 A.M. 4/19/22 Transmitted to Governor `executive-receipt`
- **2022-04-20** (S) Signed into law 4/19 CHAPTER 3 SLA 22 `executive-signature`
- **2022-04-20** (S) EFFECTIVE DATE(S) OF LAW 4/20/22 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/72bd79d3-1233-427a-839c-fd2b2415fd72`. Confidence: reported (aggregated from official Alaska legislature records).