Legislature(2003 - 2004)

2004-02-05 House Journal

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2004-02-05                     House Journal                      Page 2512
In the absence of additional third-party receipts, the APH and the                                  
AVH would remain unduly dependent on state general fund support                                     
and resident fees.  Given the state's ongoing fiscal constraints and the                            
impracticality of requiring home residents to pay for the full cost of                              
care, failure to adopt the measures included in this bill may well                                  
jeopardize the APH and AVH over the long term.                                                      
                                                                                                    
I urge your prompt and favorable action on this measure.                                            
                                                                                                    
                                Sincerely yours,                                                    
                                /s/                                                                 
                                Frank H. Murkowski                                                  
                                 Governor"                                                         
                                                                                                    
HB 441                                                                                            
HOUSE BILL NO. 441 by Representatives Gara, Croft, Guttenberg,                                      
and Kerttula, entitled:                                                                             
                                                                                                    
     "An Act amending the oil and gas properties production                                         
     (severance) tax as it relates to oil to require payment of a tax of at                         
     least five percent of the gross value at the point of production after                         
     application of the economic limit factor and before any                                        
     adjustments authorized by this Act, to provide for adjustments to                              
     the tax when the prevailing value of the oil either exceeds or falls                           
     below specified limits and to limit the effect of the adjustments, to                          
     exempt certain kinds of oil from application of the adjustments, to                            
     waive the payment of a portion of the tax on oil when its                                      
     prevailing value falls below specified limits, and to defer the                                
     payment of a portion of the tax on oil when its prevailing value                               
     falls below specified limits; and providing for an effective date."                            
                                                                                                    
was read the first time and referred to the House Special Committee on                              
Ways & Means, the House Special Committee on Oil & Gas and the                                      
Resources and Finance Committees.                                                                   
                                                                                                    
                              RECONSIDERATION                                                    
                                                                                                    
HJR 5                                                                                             
Representative Rokeberg brought up reconsideration of the vote on                                   
HJR 5(fld H) (page 2493).