Legislature(2015 - 2016)
2016-05-18 House Journal
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Full Journal pdf2016-05-18 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