Legislature(1993 - 1994)

1993-03-16 House Journal

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1993-03-16                     House Journal                      Page 0664
HB 233                                                                       
was read the first time and referred to the Labor & Commerce                   
Committee.                                                                     
                                                                               
                                                                               
                     CONSIDERATION OF THE DAILY CALENDAR                     
                                                                               
                        SECOND READING OF HOUSE BILLS                        
                                                                               
HB 116                                                                       
The following was read the second time:                                        
                                                                               
HOUSE BILL NO. 116                                                            
"An Act directing the commissioner of natural resources to accept,            
under certain circumstances, the contract price agreed to between              
a lessee of federal land and a gas or electric utility as the value of         
the federal government's royalty share from natural gas production             
when royalty is payable to the state under applicable federal law;             
and providing for an effective date."                                          
                                                                               
with the:                                                 Journal Page         
                                                                               
 RES RPT CS(RES) NEW TITLE 4DP 1DNP 3NR                            451         
 -ZERO FISCAL NOTE  (DNR)  2/25/93                                 452         
 FIN RPT  CS(FIN) NEW TITLE 7DP 1DNP 2NR                           610         
 -PREVIOUS ZERO FN (DNR) 2/25/93                                   611         
                                                                              
Representative Phillips moved and asked unanimous consent that the             
following committee substitute be adopted in lieu of the original bill:        
                                                                               
CS FOR HOUSE BILL NO. 116(FIN)                                                
"An Act relating to royalty gas contracts, amending the manner of             
determining the royalty received by the state on gas production,               
and directing the commissioner of natural resources to accept,                 
under certain circumstances, the contract price agreed to between              
a lessee of federal land and a gas or electric utility as the value of         
the federal government's royalty share from natural gas production             
on federal land from which the state is entitled under applicable              
federal law to receive a share of the royalty on gas production; and           
providing for an effective date."                                              
                                                                               
There being no objection, it was so ordered.