- Associated Press - Friday, February 13, 2015

JUNEAU, Alaska (AP) - Gov. Bill Walker has introduced legislation stemming from concerns with a state settlement over leases in the Point Thomson oil and gas field.

Under the bill, as described by Walker, the attorney general, before approving an oil and gas lease settlement, would have to determine that the proposed agreement is limited to issues necessary to settle the matter, does not settle unrelated issues and does not alter constitutional, statutory or regulatory procedures.

The bill would not apply to certain settlements, such as those involving tax or pipeline tariff issues.

Walker described the bill in transmittal letters Friday.

Walker earlier this week said he would drop a lawsuit he filed before becoming governor, over the Point Thomson settlement, after introducing the bill. A motion to dismiss was filed on Friday.

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