Legislature(1997 - 1998)

1998-04-17 House Journal

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1998-04-17                     House Journal                      Page 3045
HB 393                                                                       
The following was read the second time:                                        
                                                                               
HOUSE BILL NO. 393                                                            
"An Act relating to contracts with the state establishing payments            
in lieu of other taxes by a qualified sponsor or qualified sponsor             
group for projects to develop stranded gas resources in the state;             
providing for the inclusion in such contracts of terms making                  
certain adjustments regarding royalty value and the timing and                 
notice of the state's right to take royalty in kind or in value from           
such projects; relating to the effect of such contracts on municipal           
taxation; and providing for an effective date."                                
                                                                               
with the:                                                 Journal Page         
                                                                               
	O&G RPT CS(O&G) NT & ATTACHED AM 1DP 5NR                         2749         
	2 FISCAL NOTES (DNR, REV) 2/11/98                                2750         
	RES RPT  CS(RES) NT 3DP 6NR                                      2867         
	2 FISCAL NOTES (DNR, REV) 2/11/98                                2868         
	FIN RPT  CS(RES) NT 4DP 5NR                                      2900         
	2 FISCAL NOTES (DNR, REV) 2/11/98                                2901         
                                                                               
Representative Porter moved and asked unanimous consent that the               
following committee substitute be adopted in lieu of the original bill:        

1998-04-17                     House Journal                      Page 3046
HB 393                                                                       
CS FOR HOUSE BILL NO. 393(RES)                                                
"An Act relating to contracts with the state establishing payments            
in lieu of other taxes by a qualified sponsor or qualified sponsor             
group for projects to develop stranded gas resources in the state;             
providing for the inclusion in the contracts of terms making certain           
adjustments regarding royalty value and the timing and notice of               
the state's right to take royalty in kind or in value from projects to         
develop stranded gas resources in the state; relating to the effect            
of the contracts on municipal taxation; and providing for an                   
effective date."                                                               
                                                                               
There being no objection, it was so ordered.                                   
                                                                               
Representative Porter moved and asked unanimous consent that CSHB
393(RES) be considered engrossed, advanced to third reading and                
placed on final passage.  There being no objection, it was so ordered.         
                                                                               
CSHB 393(RES) was read the third time.                                         
                                                                               
Representative Kubina placed a call of the House.                              
                                                                               
The Speaker stated the call was satisfied.                                     
                                                                               
The question being:  "Shall CSHB 393(RES) pass the House?"  The                
roll was taken with the following result:                                      
                                                                               
CSHB 393(RES)                                                                  
Third Reading                                                                  
Final Passage                                                                  
                                                                               
YEAS:  36   NAYS:  4   EXCUSED:  0   ABSENT:  0                              
                                                                               
Yeas:  Austerman, Barnes, Berkowitz, Brice, Cowdery, Croft, Davies,            
Davis, Dyson, Elton, Foster, Green, Grussendorf, Hanley, Hodgins,              
Hudson, Ivan, James, Joule, Kelly, Kemplen, Kohring, Kookesh, Kott,            
Kubina, Moses, Mulder, Nicholia, Ogan, Phillips, Porter, Rokeberg,             
Ryan, Sanders, Therriault, Williams                                            
                                                                               
Nays:  Bunde, Martin, Masek, Vezey                                             
                                                                               
And so, CSHB 393(RES) passed the House.                                        
                                                                               

1998-04-17                     House Journal                      Page 3047
HB 393                                                                       
Representative Porter moved and asked unanimous consent that the roll          
call on the passage of the bill be considered the roll call on the             
effective date clause.  There being no objection, it was so ordered.           
                                                                               
CSHB 393(RES) was referred to the Chief Clerk for engrossment.