Public Land Trust Revenue Report

This report contains a chronology of the events surrounding the negotiations for settlement of OHA’s claim to past due and future payments on income and proceeds from the lands of the “public land trust.”

In 2010, OHA will ask the legislature to satisfy the past due obligations by enacting legislation establishing the past due obligation and providing the manner of payment over time.

If enacted, the legislation will establish the debt at $200 million and provide for annual payments of at least $30 million beginning July 1, 2015 until the debt is paid. The bill would also require the State to pay interest to OHA beginning July 1, 2010.

Download
The Public Land Trust Revenue Report

The Public Land Trust Revenue Bill