2016-05-18                     Senate Journal                      Page 2865
Senator Wielechowski moved for the adoption of Amendment No. 9.                                                                 
Senator Giessel objected.                                                                                                       
                                                                                                                                
The question being: "Shall Amendment No. 9 be adopted?" The roll                                                                
was taken with the following result:                                                                                            
                                                                                                                                
SCS 2d CSHB 247(FIN)                                                                                                            
Second Reading                                                                                                                  
Amendment No. 9                                                                                                                 
                                                                                                                                
YEAS:  6   NAYS:  14   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Micciche, Stoltze, Wielechowski, Egan, Ellis, Gardner                                                                    
                                                                                                                                
Nays:  Giessel, Hoffman, Huggins, Kelly, MacKinnon, McGuire,                                                                    
Olson, Stedman, Stevens, Bishop, Coghill, Costello, Dunleavy, Meyer                                                             
                                                                                                                                
and so, Amendment No. 9 failed.                                                                                                 
                                                                                                                                
Senator Wielechowski offered Amendment No. 10 :                                                                                  
                                                                                                                                
Page 6, following line 11:                                                                                                      
     Insert a new bill section to read:                                                                                         
"* Sec. 14. AS 43.55.011(f) is amended to read:                                                                               
          (f)  The levy of tax under (e) of this section for                                                                    
              (1)  oil and gas produced before July 1, 2016                                                                 
     [JANUARY 1, 2022], from leases or properties that include land                                                             
     north of 68 degrees North latitude, other than gas subject to (o) of                                                       
     this section, may not be less than                                                                                         
                   (A)  four percent of the gross value at the point of                                                         
          production when the average price per barrel for Alaska North                                                         
          Slope crude oil for sale on the United States West Coast                                                              
          during the calendar year for which the tax is due is more than                                                        
          $25;                                                                                                                  
                   (B)  three percent of the gross value at the point of                                                        
          production when the average price per barrel for Alaska North                                                         
          Slope crude oil for sale on the United States West Coast                                                              
          during the calendar year for which the tax is due is over $20                                                         
          but not over $25;