2013-03-20                     Senate Journal                      Page 0648
Renumber the following bill section accordingly.                                                                                
                                                                                                                                
Page 27, line 4:                                                                                                                
     Delete "secs. 42 and 43"                                                                                                   
     Insert "sec. 41"                                                                                                           
                                                                                                                                
Senator Micciche moved for the adoption of New Amendment No. 1.                                                                 
Senator French objected.                                                                                                        
                                                                                                                                
The question being: "Shall New Amendment No. 1 be adopted?" The                                                                 
roll was taken with the following result:                                                                                       
                                                                                                                                
CSSB 21(FIN)                                                                                                                    
Second Reading                                                                                                                  
New Amendment No. 1                                                                                                             
                                                                                                                                
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, New Amendment No. 1 was adopted.                                                                                        
                                                                                                                                
Senators French, Ellis, Gardner, Wielechowski offered Amendment                                                                 
No. 2 :                                                                                                                          
                                                                                                                                
Page 1, lines 7 - 8:                                                                                                            
     Delete "relating to nontransferable tax credits based on                                                                 
production;"                                                                                                                  
     Insert "relating to adjustments to production tax value;"                                                                
                                                                                                                                
Page 4, line 30, through page 5, line 12:                                                                                       
     Delete all material and insert:                                                                                            
"* Sec. 9. AS 43.55.011(e) is amended to read:                                                                                
          (e)  There is levied on the producer of oil or gas a tax for all                                                      
     oil and gas produced each calendar year from each lease or                                                                 
     property in the state, less any oil and gas the ownership or right to                                                      
     which is exempt from taxation or constitutes a landowner's royalty                                                         
     interest. Except as otherwise provided under (f), (j), (k), (o), and