Legislature(2011 - 2012)
2011-03-30 House Journal
Full Journal pdf2011-03-30 House Journal Page 0642 HB 110 The following was read the second time: HOUSE BILL NO. 110 "An Act relating to the interest rate applicable to certain amounts due for fees, taxes, and payments made and property delivered to the Department of Revenue; relating to the oil and gas production tax rate; relating to monthly installment payments of estimated oil and gas production tax; relating to oil and gas production tax credits for certain expenditures, including qualified capital credits for exploration, development, and production; relating to the limitation on assessment of oil and gas production taxes; relating to the determination of oil and gas production tax values; making conforming amendments; and providing for an effective date." 2011-03-30 House Journal Page 0643 with the: Journal Page RES RPT CS(RES) NT 1DP 2DNP 4NR 2AM 389 FN1: (REV) 390 FN2: ZERO(DNR) 390 FIN RPT CS(FIN) NT 6DP 3DNP 2NR 636 FN3: ZERO(LWF) 637 FN4: ZERO(DNR) 637 FN5: (REV) 637 Representative Austerman moved and asked unanimous consent that the following committee substitute be adopted in lieu of the original bill: CS FOR HOUSE BILL NO. 110(FIN) "An Act relating to the interest rate applicable to certain amounts due for fees, taxes, and payments made and property delivered to the Department of Revenue; relating to the oil and gas production tax rate; relating to monthly installment payments of the oil and gas production tax; relating to oil and gas production tax credits, including qualified capital credits for exploration, development, and production; relating to certain additional nontransferable oil and gas production tax credits; relating to the disclosure of certain tax information; making conforming amendments; and providing for an effective date." There being no objection, it was so ordered. Representative Austerman moved and asked unanimous consent that CSHB 110(FIN) be considered engrossed, advanced to third reading, and placed on final passage. There was objection. CSHB 110(FIN) will advance to third reading on tomorrow's calendar.