Legislature(2013 - 2014)

2013-03-21 Senate Journal

Full Journal pdf

2013-03-21                     Senate Journal                      Page 0754
SB 21                                                                                                                         
Senator Ellis requested that the reconsideration on 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" be taken up. The bill                                                                  
was before the Senate on reconsideration.                                                                                       
                                                                                                                                
The question to be reconsidered: "Shall CS FOR SENATE BILL                                                                      
NO. 21(FIN) am "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                                                     

2013-03-21                     Senate Journal                      Page 0755
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; making conforming                                                                         
amendments; and providing for an effective date" pass the Senate?"                                                              
The roll was taken with the following result:                                                                                   
                                                                                                                                
CSSB 21(FIN) am                                                                                                                 
Third Reading - On Reconsideration                                                                                              
                                                                                                                                
YEAS:  11   NAYS:  9   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bishop, Coghill, Dunleavy, Dyson, Fairclough, Giessel,                                                                   
Huggins, Kelly, McGuire, Meyer, Micciche                                                                                        
                                                                                                                                
Nays:  Egan, Ellis, French, Gardner, Hoffman, Olson, Stedman,                                                                   
Stevens, Wielechowski                                                                                                           
                                                                                                                                
and so, CS FOR SENATE BILL NO. 21(FIN) am passed the Senate                                                                     
on reconsideration.                                                                                                             
                                                                                                                                
Senator Coghill moved for the adoption of the effective date clauses.                                                           
                                                                                                                                
The question being: "Shall the effective date clauses be adopted?" The                                                          
roll was taken with the following result:                                                                                       
                                                                                                                                
CSSB 21(FIN) am                                                                                                                 
Effective Date Clauses                                                                                                          
                                                                                                                                
YEAS:  11   NAYS:  9   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bishop, Coghill, Dunleavy, Dyson, Fairclough, Giessel,                                                                   
Huggins, Kelly, McGuire, Meyer, Micciche                                                                                        
                                                                                                                                
Nays:  Egan, Ellis, French, Gardner, Hoffman, Olson, Stedman,                                                                   
Stevens, Wielechowski                                                                                                           
                                                                                                                                
and so, the effective date clauses failed and 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                                                             

2013-03-21                     Senate Journal                      Page 0756
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" was referred to the                                                                    
Secretary for engrossment.