Legislature(2015 - 2016)
2016-05-12 House Journal
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Full Journal pdf2016-05-12 House Journal Page 2807 CS FOR HOUSE BILL NO. 247(FIN) am "An Act relating to interest applicable to delinquent tax; relating to the oil and gas production tax, tax payments, and credits; 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 oil and gas lease expenditures and production tax credits for municipal entities; relating to a bond or cash deposit required for an oil or gas business; establishing a legislative working group to study the tax structure for oil and gas produced south of 68 degrees North latitude; and providing for an effective date." Representative Herron moved and asked unanimous consent that CSHB 247(FIN) am be returned to second reading for the purpose of rescinding action in the adoption of all amendments. There being no objection, it was so ordered. Representative Herron moved and asked unanimous consent that the House rescind action in adopting all amendments. There being no objection, it was so ordered. Representative Herron moved and asked unanimous consent to withdraw Amendment Nos. 1, 13 as amended, 15, 16, 18 as amended, and 19. There being no objection, the amendments were withdrawn. Representative Herron moved and asked unanimous consent that the House rescind action in adopting CSHB 247(FIN). There being no objection, it was so ordered. Representative Herron moved and asked unanimous consent to withdraw the motion to adopt CSHB 247(FIN) in lieu of the original bill. There being no objection, it was so ordered. Representative Herron moved and asked unanimous consent that the following be adopted in lieu of the original bill: 2d CS FOR HOUSE BILL NO. 247(RLS) "An Act relating to the powers and duties of the Alaska Oil and Gas Conservation Commission; relating to exploration incentive credits; relating to confidential information status and public