2005-04-30                     House Journal                      Page 1402
HB 294                                                                                            
HOUSE BILL NO. 294 by Representative Chenault, entitled:                                            
                                                                                                    
    "An Act amending and extending the exploration and                                              
    development incentive tax credit under the Alaska Net Income                                    
    Tax Act for operators and working interest owners directly                                      
    engaged in the exploration for and development of gas for                                       
    delivery and sale from a lease or property in the state; providing                              
    for an effective date by amending the effective date for sec. 2, ch.                            
    61, SLA 2003; 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.