2013-04-14                     Senate Journal                      Page 1245
SB 21                                                                                                                         
Message dated April 13 was read stating the House passed and                                                                    
returned for consideration 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" with the following amendments:                                                                                      
                                                                                                                                
       HOUSE CS FOR CS FOR SENATE BILL NO. 21(FIN)                                                                              
       am H "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                                                                        

2013-04-14                     Senate Journal                      Page 1246
       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 determination of annual oil and gas production tax                                                                   
       value including adjustments based on a percentage of                                                                     
       gross value at the point of production from certain                                                                      
       leases or properties; and making conforming                                                                              
       amendments."                                                                                                             
       (technical title change)                                                                                                 
                                                                                                                                
Senator Coghill stated the message would be held on the Secretary's                                                             
desk. There being no objection, the message was held on the                                                                     
Secretary's desk.