2016-04-09                     House Journal                      Page 2148
                     REPORTS OF STANDING COMMITTEES                                                                          
                                                                                                                                
The Resources Committee reviewed the qualifications of the following                                                            
and recommends the appointments be forwarded to a joint session for                                                             
consideration:                                                                                                                  
                                                                                                                                
                             Israel Payton                                                                                     
                             Robert Ruffner                                                                                    
                               Alan Cain                                                                                       
                                                                                                                                
as members of the Board of Fisheries.                                                                                           
                                                                                                                                
The report was signed by Representatives Talerico and Nageak, Co-                                                               
chairs, and Representatives Johnson, Josephson, Herron, Chenault                                                                
(alternate), Olson, Tarr, Seaton.                                                                                               
                                                                                                                                
HB 247                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     HOUSE BILL NO. 247                                                                                                         
     "An Act relating to confidential information status and public                                                             
     record status of information in the possession of the Department                                                           
     of Revenue; relating to interest applicable to delinquent tax;                                                             
     relating to disclosure of oil and gas production tax credit                                                                
     information; relating to refunds for the gas storage facility tax                                                          
     credit, the liquefied natural gas storage facility tax credit, and the                                                     
     qualified in-state oil refinery infrastructure expenditures tax credit;                                                    
     relating to the minimum tax for certain oil and gas production;                                                            
     relating to the minimum tax calculation for monthly installment                                                            
     payments of estimated tax; relating to interest on monthly                                                                 
     installment payments of estimated tax; relating to limitations for                                                         
     the application of tax credits; relating to oil and gas production tax                                                     
     credits for certain losses and expenditures; relating to limitations                                                       
     for nontransferable oil and gas production tax credits based on oil                                                        
     production and the alternative tax credit for oil and gas                                                                  
     exploration; relating to purchase of tax credit certificates from the                                                      
     oil and gas tax credit fund; relating to a minimum for gross value                                                         
     at the point of production; relating to lease expenditures and tax                                                         
     credits for municipal entities; adding a definition for "qualified                                                         
     capital expenditure"; adding a definition for "outstanding liability                                                       
     to the state"; repealing oil and gas exploration incentive credits;