Legislature(2013 - 2014)

2013-04-12 House Journal

Full Journal pdf

2013-04-12                     House Journal                      Page 1128
SB 21                                                                                                                         
The following was read the second time:                                                                                         
                                                                                                                                
    CS FOR SENATE BILL NO. 21(FIN) am(efd fld)                                                                                  
    "An Act relating to the interest rate applicable to certain amounts                                                         
    due for fees, taxes, and payments made and property delivered to                                                            
    the Department of Revenue; providing a tax credit against the                                                               
    corporation income tax for qualified oil and gas service industry                                                           
    expenditures; relating to the oil and gas production tax rate;                                                              
    relating to gas used in the state; relating to monthly installment                                                          
    payments of the oil and gas production tax; relating to oil and gas                                                         
    production tax credits for certain losses and expenditures; relating                                                        
    to oil and gas production tax credit certificates; relating to                                                              
    nontransferable tax credits based on production; relating to the oil                                                        
    and gas tax credit fund; relating to annual statements by producers                                                         
    and explorers; establishing the Oil and Gas Competitiveness                                                                 
    Review Board; and making conforming amendments."                                                                            
                                                                                                                                

2013-04-12                     House Journal                      Page 1129
with the:                                                  Journal Page                                                         
                                                                                                                                
 RES RPT HCS(RES) 6DP 2DNP 1NR (HCS FRTHCMNG) 883                                                                               
 FN(S) FORTHCOMING                                                   884                                                        
 HCS(RES) NT RECEIVED                                                912                                                        
 FN9: INDETERMINATE(DNR) RECEIVED                                    961                                                        
 FN10: (REV) RECEIVED                                                961                                                        
 FN11: ZERO(CED) RECEIVED                                            961                                                        
 FIN RPT HCS(FIN) NT 4DP 1DNP 5NR 1AM                              1109                                                         
 FN11: ZERO(CED)                                                   1110                                                         
 FN12: INDETERMINATE(DNR)                                          1110                                                         
 FN13: (REV)                                                       1110                                                         
 FN14: (REV)                                                       1110                                                         
                                                                                                                                
                                                                                                                                
Representative Pruitt moved and asked unanimous consent that the                                                                
following committee substitute be adopted in lieu of the original bill:                                                         
                                                                                                                                
    HOUSE CS FOR CS FOR SENATE BILL NO. 21(FIN)                                                                                 
    "An Act relating to the interest rate applicable to certain amounts                                                         
    due for fees, taxes, and payments made and property delivered to                                                            
    the Department of Revenue; relating to appropriations from taxes                                                            
    paid under the Alaska Net Income Tax Act; providing a tax credit                                                            
    against the corporation income tax for qualified oil and gas service                                                        
    industry expenditures; relating to the oil and gas production tax                                                           
    rate; relating to gas used in the state; relating to monthly                                                                
    installment payments of the oil and gas production tax; relating to                                                         
    oil and gas production tax credits for certain losses and                                                                   
    expenditures; relating to oil and gas production tax credit                                                                 
    certificates; relating to nontransferable tax credits based on                                                              
    production; relating to the oil and gas tax credit fund; relating to                                                        
    annual statements by producers and explorers; establishing an Oil                                                           
    and Gas Competitiveness Review Board; relating to the                                                                       
    determination of annual oil and gas production tax value including                                                          
    adjustments based on a percentage of gross value at the point of                                                            
    production from certain leases or properties; and making                                                                    
    conforming amendments."                                                                                                     
                                                                                                                                
    (HCR 9 - title change resolution)                                                                                           
                                                                                                                                

2013-04-12                     House Journal                      Page 1130
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Representative Pruitt moved and asked unanimous consent that HCS                                                                
CSSB 21(FIN) be considered engrossed, advanced to third reading,                                                                
and placed on final passage.                                                                                                    
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
HCS CSSB 21(FIN) will advance to third reading on tomorrow's                                                                    
calendar.