Legislature(2017 - 2018)
2017-04-09 House JournalFull Journal pdf
2017-04-09 House Journal Page 0960 HB 111 The Finance Committee considered: HOUSE BILL NO. 111 "An Act relating to the oil and gas production tax, tax payments, and credits; relating to interest applicable to delinquent oil and gas production tax; and providing for an effective date." and recommends it be replaced with: CS FOR HOUSE BILL NO. 111(FIN) "An Act relating to the oil and gas production tax, tax payments, and credits; relating to interest applicable to delinquent oil and gas production tax; relating to carried-forward lease expenditures based on losses and limiting those lease expenditures to an amount equal to the gross value at the point of production of oil and gas produced from the lease or property where the lease expenditure was incurred; relating to information concerning tax credits, lease expenditures, and oil and gas taxes; relating to the disclosure of that information to the public; relating to an adjustment in the gross value at the point of production; relating to a legislative working group; and providing for an effective date." 2017-04-09 House Journal Page 0961 The report was signed by Representatives Seaton and Foster, Co- chairs, with the following individual recommendations: Do pass (4): Gara, Guttenberg, Seaton, Foster Do not pass (4): Wilson, Thompson, Pruitt, Tilton No recommendation (2): Ortiz, Grenn Amend (1): Kawasaki The following fiscal note(s) apply to CSHB 111(FIN): 3. Fiscal, Dept. of Revenue HB 111 is on today's calendar.