2012-04-15                     Senate Journal                      Page 2336
          the Alaska Film Incentive Review Commission;                                                                          
          establishing a film production promotion program;                                                                     
          relating to the amount of credit that may be awarded                                                                  
          for compensation to producers, directors, writers, and                                                                
          actors who are not residents; providing for a fee to be                                                               
          paid at the time an application for eligibility for the                                                               
          film production tax credit is filed; providing a one-                                                                 
          time credit for the first episodic scripted television                                                                
          production in the state; requiring the legislative audit                                                              
          division to audit the Alaska film production incentive                                                                
          program; relating to the oil and gas production tax;                                                                  
          providing for a credit against the oil and gas                                                                        
          production tax for costs incurred for conducting                                                                      
          seismic exploration and drilling certain oil or natural                                                               
          gas exploration wells in certain basins; relating to the                                                              
          determination of the production tax value of oil and                                                                  
          gas production; providing that the tax rate for new oil                                                               
          or gas production south of 68 degrees North latitude                                                                  
          and outside of the Cook Inlet sedimentary basin may                                                                   
          not exceed four percent of the gross value at the point                                                               
          of production; providing for an effective date by                                                                     
          repealing the effective dates of secs. 3 and 4, ch. 63,                                                               
          SLA 2008; and providing for an effective date."                                                                       
          (Title change SCR 40)                                                                                                 
                                                                                                                                
Signing do pass: Senator Ellis, Chair; Senators Hoffman, Stevens,                                                               
Meyer, Stedman.                                                                                                                 
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 3, indeterminate, Senate Rules Committee.                                                                      
                                                                                                                                
The bill is on today's first supplemental calendar.                                                                             
                                                                                                                                
                                                                                                                                
                        Introduction and Reference of                                                                        
                              Senate Resolutions                                                                             
                                                                                                                                
SCR 40                                                                                                                        
SENATE CONCURRENT RESOLUTION NO. 40 BY THE                                                                                      
SENATE RULES COMMITTEE,