Legislature(2005 - 2006)

2006-02-03 House Journal

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2006-02-03                     House Journal                      Page 2420
HB 223                                                                                            
The House Special Committee on Ways & Means has considered:                                         
                                                                                                    
    HOUSE BILL NO. 223                                                                              
    "An Act levying a tax on certain known resources of natural gas,                                
    conditionally repealing the levy of that tax, and authorizing a                                 
    credit for payments of that tax against amounts due under the oil                               
    and gas properties production (severance) tax if requirements                                   
    relating to the sale and delivery of the natural gas are met; and                               
    providing for an effective date."                                                               
                                                                                                    
The report was signed by Representative Weyhrauch, Chair, with the                                  
following individual recommendations:                                                               
                                                                                                    
Do pass (1):  Gruenberg                                                                             
                                                                                                    
No recommendation (3):  Wilson, Samuels, Seaton                                                     
                                                                                                    
Amend (1):  Weyhrauch                                                                               
                                                                                                    
The following fiscal note(s) apply:                                                                 
                                                                                                    
1.  Indeterminate, Dept. of Revenue                                                                 
                                                                                                    
HB 223 was referred to the House Special Committee on Oil & Gas.                                    
                                                                                                    
HB 294                                                                                            
The House Special Committee on Oil & Gas has considered:                                            
                                                                                                    
    HOUSE BILL NO. 294                                                                              
    "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."                                             
                                                                                                    
and recommends it be replaced with: