Legislature(2005 - 2006)
2005-05-01 Senate JournalFull Journal pdf
2005-05-01 Senate Journal Page 1229 HB 71 CS FOR HOUSE BILL NO. 71(FIN) am BY THE HOUSE FINANCE COMMITTEE, entitled: "An Act providing standards for the interpretation of certain terms in state oil and gas leases and unit agreements, requiring development, production, processing, and marketing of gas that is determined to meet those standards, and setting a maximum time limit on that activity; 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." was read the first time and referred to the Resources and Finance Committees.