Legislature(2007 - 2008)

2007-12-28 Senate Journal

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2007-12-28                     Senate Journal                      Page 1565
HB 2001                                                                                                                       
SENATE CS FOR CS FOR HOUSE BILL NO. 2001(FIN) am S "An                                                                          
Act relating to the production tax on oil and gas and to conservation                                                           
surcharges on oil; providing a limit on the amount of tax that may be                                                           
levied on the production of certain gas that is produced outside of the                                                         
Cook Inlet sedimentary basin; relating to the sharing between agencies                                                          
of certain information relating to the production tax and to oil and gas                                                        
or gas only leases; expanding the period in which the Department of                                                             
Revenue may assess the amount of oil and gas production tax and                                                                 
conservation surcharges; relating to state oil and gas audit masters;                                                           
relating to oil and gas auditors and certain oil and gas auditor                                                                
supervisors; establishing an oil and gas tax credit fund and authorizing                                                        
payment from that fund; making conforming amendments; and                                                                       
providing for an effective date" which passed the Senate November 16                                                            
(page 1560) with engrossment waived, was engrossed and transmitted                                                              
to the House.                                                                                                                   
HB 2001                                                                                                                       
Message was received stating the Governor signed the following bill                                                             
on December 19 and transmitted the engrossed and enrolled copies to                                                             
the Lieutenant Governor's Office for permanent filing:                                                                          
                                                                                                                                
         SENATE CS FOR CS FOR HOUSE BILL NO.                                                                                    
         2001(FIN) am S "An Act relating to the production                                                                      
         tax on oil and gas and to conservation surcharges on                                                                   
         oil; providing a limit on the amount of tax that may                                                                   
         be levied on the production of certain gas that is                                                                     
         produced outside of the Cook Inlet sedimentary                                                                         
         basin; relating to the sharing between agencies of                                                                     
         certain information relating to the production tax and                                                                 
         to oil and gas or gas only leases; expanding the                                                                       
         period in which the Department of Revenue may                                                                          
         assess the amount of oil and gas production tax and                                                                    
         conservation surcharges; relating to state oil and gas                                                                 
         audit masters; relating to oil and gas auditors and                                                                    

2007-12-28                     Senate Journal                      Page 1566
         certain oil and gas auditor supervisors; establishing                                                                  
         an oil and gas tax credit fund and authorizing                                                                         
         payment from that fund; making conforming                                                                              
         amendments; and providing for an effective date."                                                                      
                                                                                                                                
                         Chapter 1, SSSLA 2007                                                                                 
                      Effective Date: See Chapter