2013-04-12                     House Journal                      Page 1109
    and representatives of a vendor to transact portable electronics                                                            
    insurance; and providing for an effective date."                                                                            
                                                                                                                                
                     REPORTS OF STANDING COMMITTEES                                                                          
                                                                                                                                
SB 21                                                                                                                         
The Finance 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:                                                                                             
                                                                                                                                
    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