An Act relating to state land; relating to contracts for the sale and lease of state land; relating to commercial development parks; and providing for an effective date.

HB 276 updates Alaska's rules for selling and leasing state land. It requires official cadastral surveys before most land sales or long-term leases, with exceptions for short-term leases, material sales, or land near surveyed rights-of-way. The bill also adds a one-year Alaska residency requirement for bidders on non-commercial, non-industrial, and non-agricultural land sold at auction. These changes apply to land transactions but exclude certain cases like homestead program parcels or municipal subdivisions.