1995-04-18                     House Journal                      Page 1343
HB 207                                                                       
The Finance 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."               
                                                                               

1995-04-18                     House Journal                      Page 1344
HB 207                                                                       
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 207(FIN)                                                
"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 Representatives Hanley and Foster, Co-                
chairs, with the following individual recommendations:                         
                                                                               
Do pass (7):  Kelly, Martin, Navarre, Therriault, Kohring, Hanley,             
Foster                                                                         
                                                                               
Amend (1):  Brown                                                              
                                                                               
The following fiscal notes apply to CSHB 207(FIN):                             
                                                                               
Indeterminate fiscal note, Dept. of Revenue, 3/22/95                           
Fiscal note, Dept. of Natural Resources, 3/8/95                                
Zero fiscal note, Dept. of Revenue, 2/27/95                                    
                                                                               
HB 207 was referred to the Rules Committee for placement on the                
calendar.