1995-03-30                     House Journal                      Page 0994
HB 207                                                                       
The Resources Committee has considered:                                        
                                                                               
HOUSE BILL NO. 207                                                            
"An Act relating to adjustments to royalty reserved to the state to           
encourage otherwise uneconomic production of oil and gas;                      
relating to the depositing of royalties and royalty sale proceeds in           
the Alaska permanent fund; and providing for an effective date."               
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 207(RES)                                                
"An Act relating to adjustments to royalty reserved to the state to           
encourage otherwise uneconomic production of oil and gas; and                  
providing for an effective date."                                              
                                                                               
The report was signed by Representative Green, Co-chair, with the              
following individual recommendations:                                          
                                                                               
Do pass (4):  Barnes, Williams, Kott, Green                                    
                                                                               
No recommendation (2):  Nicholia, Austerman                                    
                                                                               
Amend (1):  Ogan                                                               
                                                                               
The following fiscal note applies to CSHB 207(RES):                            
                                                                               
Zero fiscal note, Dept. of Revenue, 2/27/95                                    
                                                                               
HB 207 was referred to the Finance Committee.