Legislature(2015 - 2016)

2016-05-18 House Journal

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2016-05-18                     House Journal                      Page 2949
     establishing a legislative working group to study the fiscal regime                                                        
     and tax structure and rates for oil and gas produced south of 68                                                           
     degrees North latitude; and providing for an effective date."                                                              
                                                                                                                                
and                                                                                                                             
                                                                                                                                
     SENATE CS FOR 2d CS FOR HOUSE BILL NO. 247(FIN) am S                                                                       
     "An Act relating to the exploration incentive credits; relating to                                                         
     the powers and duties of the Alaska Oil and Gas Conservation                                                               
     Commission; relating to interest applicable to delinquent tax;                                                             
     relating to the oil and gas production tax, tax payments, and                                                              
     credits; relating to tax credit certificates; 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;                                                            
     requiring a bond or cash deposit with a business license                                                                   
     application for an oil or gas business; and providing for an                                                               
     effective date."                                                                                                           
                                                                                                                                
     (SCR 32 - title change resolution)                                                                                         
                                                                                                                                
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Representative Nageak moved and asked unanimous consent to                                                                      
abstain from voting because of a conflict of interest.  Objection was                                                           
heard, and he was required to vote.                                                                                             
                                                                                                                                
Representative Millett moved that the House concur in the Senate                                                                
amendment to 2d CSHB 247(RLS) am, thus adopting SCS 2d CSHB
247(FIN) am S, and recommended that the members vote yes.                                                                       
                                                                                                                                
The question being:  "Shall the House concur in the Senate                                                                      
amendment to 2d CSHB 247(RLS) am?"  The roll was taken with the                                                                 
following result:                                                                                                               
                                                                                                                                
SCS 2d CSHB 247(FIN) am S                                                                                                       
Concur                                                                                                                          
                                                                                                                                
YEAS:  14   NAYS:  24   EXCUSED:  2   ABSENT:  0