Legislature(2013 - 2014)

2013-04-04 House Journal

Full Journal pdf

2013-04-04                     House Journal                      Page 0883
SB 21                                                                                                                         
The Resources Committee considered:                                                                                             
    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."                                                                            
and recommends it be replaced with a forthcoming House Resources                                                                
Committee substitute.                                                                                                           

2013-04-04                     House Journal                      Page 0884
The report was signed by Representatives Saddler and Feige, Co-                                                                 
chairs, with the following individual recommendations:                                                                          
Do pass (6):  P. Wilson, Hawker, Johnson, Olson, Saddler, Feige                                                                 
Do not pass (2):  Tuck, Tarr                                                                                                    
No recommendation (1):  Seaton                                                                                                  
The following fiscal note(s) apply to HCS CSSB 21(RES):                                                                         
Fiscal note(s) forthcoming.                                                                                                     
CSSB 21(FIN) am(efd fld) was referred to the Finance Committee.