2017-05-16                     House Journal                      Page 1437
HB 111                                                                                                                        
A message dated May 15 was read stating the Senate passed:                                                                      
                                                                                                                                
    CS FOR HOUSE BILL NO. 111(FIN)(efd fld)                                                                                     
    "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; and relating to a legislative                                                       
    working group."                                                                                                             
                                                                                                                                
with the following amendment, and it is transmitted for consideration:                                                          
                                                                                                                                
    SENATE CS FOR CS FOR HOUSE BILL NO. 111(FIN)                                                                                
    "An Act relating to credits against the oil and gas production tax;                                                         
    relating to the applicability of certain credits earned under the oil                                                       
    and gas production tax to the tax on corporations; relating to tax                                                          
    credit certificates against the oil and gas production tax and the                                                          
    issuance and assignment of those certificates; relating to interest                                                         
    applicable to delinquent taxes; relating to lease expenditures;                                                             
    relating to the oil and gas tax credit fund; and providing for an                                                           
    effective date."                                                                                                            
                                                                                                                                
    (SCR 12 - title change resolution)                                                                                          
                                                                                                                                
CSHB 111(FIN)(efd fld) is under Unfinished Business.                                                                            
                                                                                                                                
Messages dated May 15 were read stating the Senate passed the                                                                   
following, and they are transmitted for consideration:                                                                          
                                                                                                                                
                      FIRST READING AND REFERENCE                                                                            
                         OF SENATE RESOLUTIONS                                                                               
                                                                                                                                
SCR 8                                                                                                                         
SENATE CONCURRENT RESOLUTION NO. 8 by the Senate State                                                                          
Affairs Committee: