Legislature(2013 - 2014)
2013-04-13 House Journal
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Full Journal pdf2013-04-13 House Journal Page 1234 The question being: "Shall Amendment No. 12 be adopted?" The roll was taken with the following result: HCS CSSB 21(FIN) am H Second Reading Amendment No. 12 YEAS: 9 NAYS: 29 EXCUSED: 2 ABSENT: 0 Yeas: Drummond, Gara, Gruenberg, Josephson, Kawasaki, Kerttula, Kreiss-Tomkins, Tarr, Tuck Nays: Austerman, Chenault, Costello, Edgmon, Feige, Foster, Gattis, Hawker, Herron, Higgins, Holmes, Hughes, Isaacson, Johnson, Keller, LeDoux, Lynn, Millett, Munoz, Neuman, Olson, Pruitt, Reinbold, Saddler, Seaton, Stoltze, Thompson, P.Wilson, T.Wilson Excused: Guttenberg, Nageak And so, Amendment No. 12 was not adopted. HCS CSSB 21(FIN) am H was automatically in third reading. Representative Tarr moved and asked unanimous consent that HCS CSSB 21(FIN) am H be returned to second reading for the specific purpose of considering Amendment No. 13. There being no objection, it was so ordered. Amendment No. 13 was offered by Representative Tarr: Page 17, line 26, through page 18, line 28: Delete all material and insert: "(j) For each month of the calendar year for which a producer's average monthly gross value at the point of production of a barrel of taxable oil is less than $150, a producer may apply against the producer's tax liability for the calendar year under AS 43.55.011(e) a tax credit in the amount specified in this subsection for each barrel of taxable oil under AS 43.55.011(e) that does not meet any of the criteria in AS 43.55.160(f) and that is produced during a calendar year after December 31, 2013, from leases or properties north of 68 degrees North latitude. A tax credit under this subsection may not reduce a producer's tax liability for a calendar year under AS 43.55.011(e) below zero. A