2012-01-17                     Senate Journal                      Page 1224
SB 148                                                                                                                        
SENATE BILL NO. 148 BY SENATORS WIELECHOWSKI,                                                                                   
EGAN, ELLIS, FRENCH, DAVIS, AND KOOKESH, entitled:                                                                              
                                                                                                                                
          "An Act exempting a gas pipeline with a design                                                                        
          capacity of 500,000,000 or more cubic feet of gas a                                                                   
          day from the state's oil and gas exploration,                                                                         
          production, and pipeline transportation property taxes                                                                
          until the pipeline generates revenue for its owners;                                                                  
          and relating to the determination of full and true                                                                    
          value for the purpose of determining the amount of                                                                    
          required local contribution for public school                                                                         
          funding."                                                                                                             
          (Prefile released January 13, 2012)                                                                                   
                                                                                                                                
was read the first time and referred to the Community and Regional                                                              
Affairs, Resources and Finance Committees.