2016-05-18                     Senate Journal                      Page 2850
Page 21, line 1, following "AS 43.55.011(f).":                                                                                  
          Insert "The total amount of a tax credit under this                                                               
subsection may not, for a calendar year, exceed the sum of the                                                              
reductions resulting from this subsection from installment                                                                  
payments under AS 43.55.020(a) for the year."                                                                               
                                                                                                                                
Senator Wielechowski moved for the adoption of Amendment No. 4.                                                                 
Senator Giessel objected.                                                                                                       
                                                                                                                                
The question being: "Shall Amendment No. 4 be adopted?" The roll                                                                
was taken with the following result:                                                                                            
                                                                                                                                
SCS 2d CSHB 247(FIN)                                                                                                            
Second Reading                                                                                                                  
Amendment No. 4                                                                                                                 
                                                                                                                                
YEAS:  4   NAYS:  16   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Egan, Ellis, Gardner, Wielechowski                                                                                       
                                                                                                                                
Nays:  Costello, Dunleavy, Giessel, Hoffman, Huggins, Kelly,                                                                    
MacKinnon, McGuire, Micciche, Olson, Stedman, Stevens, Stoltze,                                                                 
Bishop, Coghill, Meyer                                                                                                          
                                                                                                                                
and so, Amendment No. 4 failed.                                                                                                 
                                                                                                                                
Senator Wielechowski offered Amendment No. 5 :                                                                                   
                                                                                                                                
Page 26, following line 19:                                                                                                     
          Insert a new bill section to read:                                                                                    
"* Sec. 34. AS 43.55.150 is amended by adding a new subsection to                                                             
read:                                                                                                                           
                   (d)  The gross value at the point of production may                                                          
          not be less than zero."                                                                                               
                                                                                                                                
Renumber the following bill sections accordingly.                                                                               
                                                                                                                                
Page 35, line 31:                                                                                                               
          Delete "sec. 45"                                                                                                      
          Insert "sec. 46"