Legislature(2013 - 2014)
2014-04-17 House Journal
Full Journal pdf2014-04-17 House Journal Page 2541 HB 287 The following, which was advanced to third reading from the April 16, 2014, calendar (page 2508), was read the third time: CS FOR HOUSE BILL NO. 287(RLS) "An Act relating to the determination of the royalty received by the state on oil production refined or processed in the state; providing tax credits for qualified infrastructure expenditures for in-state refineries and hydrocarbon processing facilities; approving and ratifying the sale of royalty oil by the State of Alaska to Tesoro Corporation and Tesoro Refining and Marketing Company LLC; and providing for an effective date." Representative Hawker moved and asked unanimous consent that CSHB 287(RLS) be returned to second reading for the specific purpose of considering Amendment No. 1. There being no objection, it was so ordered. Amendment No. 1 was offered by Representatives Hawker and Chenault: Page 3, line 12: Delete "A" Insert "Except as provided in (b) of this section, a" 2014-04-17 House Journal Page 2542 Page 3, following line 21: Insert a new subsection to read: "(b) The credit under this section may not be applied to an expenditure for the installation, modification, adjustment, or other alteration of tangible personal property primarily used for the manufacture or transport of liquefied natural gas, compressed natural gas, or to convert natural gas to liquids." Reletter the following subsections accordingly. Page 4, line 6: Delete "(d)" Insert "(e)" Representative Hawker moved and asked unanimous consent that Amendment No. 1 be adopted. Objection was heard and withdrawn. There being no further objection, Amendment No. 1 was adopted. CSHB 287(RLS) am was automatically in third reading.