2003-05-08                     House Journal                      Page 1449
HB 28                                                                                             
The Resources Committee has considered:                                                             
                                                                                                    
    SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 28                                                        
    "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."                                                               
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO.                                                    
    28(RES)                                                                                         
    (same title)                                                                                    
                                                                                                    
The report was signed by Representative Fate, Chair, with the                                       
following individual recommendations:                                                               
                                                                                                    
Do pass (5):  Lynn, Gatto, Morgan, Heinze, Fate                                                     
                                                                                                    
No recommendation (2):  Kerttula, Guttenberg                                                        
                                                                                                    

2003-05-08                     House Journal                      Page 1450
The following fiscal note(s) apply to CSSSHB 28(RES):                                               
                                                                                                    
1.  Zero, Dept. of Natural Resources                                                                
                                                                                                    
SSHB 28 was referred to the Finance Committee.