1993-02-25                     House Journal                      Page 0452
HB 116                                                                       
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."                                          
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 116(RES)                                                
"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             
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."                                              
                                                                               
The report was signed by Representative Williams, Chair, with the              
following individual recommendations:                                          
                                                                               
Do pass (4):  Finkelstein, Carney, Green, Bunde                                
                                                                               
Do not pass (1):  Davies                                                       
                                                                               
No recommendation (3):  Hudson, James, Williams                                
                                                                               
The following fiscal note applies to CSHB 116(RES):                            
                                                                               
Zero fiscal note, Dept. of Natural Resources, 2/25/93                          
                                                                               
HB 116 was referred to the Finance Committee.                                  
                                                                               
HB 133                                                                       
The Resources Committee has considered:                                        
                                                                               
HOUSE BILL NO. 133                                                            
"An Act amending the definition of `value' for purposes of                    
administration of fisheries taxes; and providing for an effective              
date."