Legislature(2013 - 2014)
2013-04-05 House JournalFull Journal pdf
2013-04-05 House Journal Page 0912 SB 21 The Resources Committee submitted the following forthcoming committee substitute to accompany its report (page 883): HOUSE CS FOR CS FOR SENATE BILL NO. 21(RES) "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; relating to the determination of annual oil and gas 2013-04-05 House Journal Page 0913 production tax value including adjustments based on a percentage of gross value at the point of production from certain leases or properties; relating to the calculation of lease expenditures; allowing the Alaska Industrial Development and Export Authority to issue bonds for an oil processing facility; creating a fund to finance construction or improvement of an oil or gas processing facility; and making conforming amendments." (HCR 9 - title change resolution) CSSB 21(FIN) am(efd fld) is in the Finance Committee.