Legislature(2013 - 2014)

2014-04-17 House Journal

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2014-04-17                     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.