2003-01-24                     House Journal                      Page 0060
HB 61                                                                                             
HOUSE BILL NO. 61 by Representatives Chenault, Kohring, and                                         
Wolf, entitled:                                                                                     
                                                                                                    
     "An Act establishing an exploration and development incentive                                  
     tax credit for persons engaged in the exploration for and                                      
     development of less than 150 barrels of oil or of gas for sale and                             
     delivery without reference to volume from a lease or property in                               
     the state; and providing for an effective date."                                               
                                                                                                    
was read the first time and referred to the House Special Committee on                              
Oil & Gas and the Resources and Finance Committees.