2014-04-15                     House Journal                      Page 2445
HB 287                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     HOUSE BILL NO. 287                                                                                                         
     "An Act 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."                                                            
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
     CS FOR HOUSE BILL NO. 287(FIN)                                                                                             
     "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; approving and ratifying the sale of royalty oil                                                       

2014-04-15                     House Journal                      Page 2446
     by the State of Alaska to Tesoro Corporation and Tesoro Refining                                                           
     and Marketing Company LLC; and providing for an effective                                                                  
     date."                                                                                                                     
                                                                                                                                
The report was signed by Representatives Stoltze and Austerman, Co-                                                             
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (2):  T. Wilson, Thompson                                                                                               
                                                                                                                                
No recommendation (6):  Munoz, Neuman, Edgmon, Holmes, Stoltze,                                                                 
Austerman                                                                                                                       
                                                                                                                                
Amend (3):  Guttenberg, Gara, Costello                                                                                          
                                                                                                                                
The following fiscal note(s) apply to CSHB 287(FIN):                                                                            
                                                                                                                                
2.  Indeterminate, Dept. of Natural Resources                                                                                   
3.  Indeterminate, Dept. of Revenue                                                                                             
                                                                                                                                
HB 287 was referred to the Rules Committee for placement on the                                                                 
calendar.