Legislature(2005 - 2006)

2005-09-15 House Journal

Full Journal pdf

2005-09-15                     House Journal                      Page 2188
HB 286                                                                                            
The following was enrolled, signed by the Speaker and Chief Clerk,                                  
President and Secretary of the Senate, and the engrossed and enrolled                               
copies were transmitted to the Office of the Governor at 2:03 p.m.,                                 
July 15, 2005:                                                                                      
      SENATE CS FOR HOUSE BILL NO. 286(RES)                                                         
      "An Act amending the manner of determining the royalty received                               
      by the state on gas production by directing the commissioner of                               
      natural resources to accept, under certain circumstances, the                                 
      transfer price of the gas if established by transfer price order of the                       
      Regulatory Commission of Alaska; extending and amending the                                   
      requirements applicable to the credit that may be claimed for                                 
      certain oil and gas exploration expenses incurred in Cook Inlet                               
      against oil and gas properties production (severance) taxes, and                              
      amending the credit against those taxes for certain exploration                               
      expenditures from leases or properties in the state; and providing                            
      for an effective date."