Legislature(2015 - 2016)
2016-06-06 House Journal
Full Journal pdf2016-06-06 House Journal Page 3060 HB 247 The Conference Committee considering: 2d CS FOR HOUSE BILL NO. 247(RLS) am "An Act amending the powers of the board of trustees of the Alaska Retirement Management Board to authorize purchase and sale of transferable tax credit certificates issued in conjunction with the production tax on oil and gas; relating to interest applicable to delinquent tax; relating to the oil and gas production tax, tax payments, and credits; relating to exploration incentive 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 the confidential information status and public record status of information in the possession of the Department of Revenue; 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; 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 2016-06-06 House Journal Page 3061 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) requests limited powers of free conference on the following specific point(s): Section 35 (House) Section 25 (Senate) The request was signed by Representatives Talerico (Chair), Olson, Tarr; and Senators Giessel (Chair), Coghill, Micciche. The Speaker granted the limited powers of free conference as requested. The Chief Clerk notified the Senate. **The presence of Representative Colver was noted. The Conference Committee with limited powers of free conference considering 2d CSHB 247(RLS) am and SCS 2d CSHB 247(FIN) am S recommends the following be adopted: CONFERENCE CS FOR HOUSE BILL NO. 247 "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 2016-06-06 House Journal Page 3062 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) The report was signed by Representatives Talerico (Chair), Olson, Tarr; and Senators Giessel (Chair), Coghill, Micciche. The following fiscal note(s) apply to CCS HB 247: 5. Zero, Dept. of Natural Resources 8. Fiscal, Dept. of Revenue Representative Millett moved and asked unanimous consent that the House consider the Conference Committee with limited powers of free conference report on 2d CSHB 247(RLS) am and SCS 2d CSHB 247(FIN) am S. 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 adopt the Conference Committee with limited powers of free conference report, thus adopting CCS HB 247, and recommended that the members vote yes: The question being: "Shall the House adopt the report?" The roll was taken with the following result: CCS HB 247 Adopt YEAS: 21 NAYS: 19 EXCUSED: 0 ABSENT: 0 Yeas: Saddler, Talerico, Thompson, Tilton, Vazquez, Wilson, Colver, Gattis, Hawker, Hughes, Johnson, Keller, Lynn, Millett, Munoz, Nageak, Neuman, Olson, Pruitt, Reinbold, Chenault 2016-06-06 House Journal Page 3063 Nays: Seaton, Spohnholz, Stutes, Tarr, Tuck, Wool, Claman, Drummond, Edgmon, Foster, Gara, Guttenberg, Herron, Josephson, Kawasaki, Kito, Kreiss-Tomkins, LeDoux, Ortiz And so, the House adopted CCS HB 247. Representative Millett moved the effective date clause. The question being: "Shall the effective date clause be adopted?" The roll was taken with the following result: CCS HB 247 Adopt Effective Date YEAS: 36 NAYS: 4 EXCUSED: 0 ABSENT: 0 Yeas: Seaton, Spohnholz, Stutes, Talerico, Thompson, Tilton, Tuck, Vazquez, Wilson, Wool, Claman, Colver, Edgmon, Foster, Gara, Gattis, Hawker, Herron, Hughes, Johnson, Josephson, Keller, Kito, Kreiss-Tomkins, LeDoux, Lynn, Millett, Munoz, Nageak, Neuman, Olson, Ortiz, Pruitt, Reinbold, Saddler, Chenault Nays: Tarr, Drummond, Guttenberg, Kawasaki And so, the effective date clause was adopted. The Chief Clerk notified the Senate. The Senate adopted the Conference Committee with limited powers of free conference report June 6, 2016. CCS HB 247 was referred to the Chief Clerk for engrossment and enrollment.