2006-04-29                     House Journal                      Page 3440
    HOUSE BILL NO. 498                                                                              
    "An Act authorizing tax credits against the production tax on oil                               
    and gas for qualified expenditures for challenged or                                            
    nonconventional oil or gas and for qualified expenditures for                                   
    nonconventional or renewable energy resources; giving the Act                                   
    contingent effect; and providing for an effective date."                                        
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    CS FOR HOUSE BILL NO. 498(RES)                                                                  
    "An Act authorizing tax credits against the production tax on oil                               
    and gas for qualified development expenditures for challenged oil                               
    pools; and providing for an effective date."                                                    
                                                                                                    
The report was signed by Representatives Samuels and Ramras, Co-                                    
chairs, with the following individual recommendations:                                              
                                                                                                    
No recommendation (9):  Kapsner, Gatto, LeDoux, Crawford, Elkins,                                   
Olson, Seaton, Samuels, Ramras                                                                      
                                                                                                    
The following fiscal note(s) apply to CSHB 498(RES):                                                
                                                                                                    
1.  Zero, Dept. of Natural Resources                                                                
2.  Fiscal, Dept. of Revenue                                                                        
                                                                                                    
HB 498 was referred to the Finance Committee.                                                       
                                                                                                    
                                                                                                    
                       INTRODUCTION OF CITATIONS                                                 
                                                                                                    
The following citations were introduced and referred to the Rules                                   
Committee for placement on the calendar:                                                            
                                                                                                    
Honoring - Gladys Dart                                                                              
By Representative Salmon; Senator Kookesh                                                           
                                                                                                    
Honoring - Sitka High School Girls' Softball Team, 2005 ASAA State                                  
Small School Softball Champions                                                                     
By Senator Stedman; Representative Wilson