2014-04-16                     House Journal                      Page 2474
HB 287                                                                                                                        
The Rules 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(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."                                                                          
                                                                                                                                
The report was signed by Representative Johnson, Chair, with the                                                                
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (1):  Chenault                                                                                                          
                                                                                                                                
No recommendation (6):  Hawker, Olson, Keller, Gruenberg, Herron,                                                               
Johnson                                                                                                                         
                                                                                                                                
The following fiscal note(s) apply to CSHB 287(RLS):                                                                            
                                                                                                                                
2.  Indeterminate, Dept. of Natural Resources                                                                                   
4.  Indeterminate, Dept. of Revenue                                                                                             
                                                                                                                                
HB 287 was returned to the Rules Committee for placement on the                                                                 
calendar.