2017-07-15                     House Journal                      Page 1760
**The presence of Representative Kito who was excused (page 1690)                                                               
was noted.                                                                                                                      
                                                                                                                                
                      REPORTS OF SPECIAL COMMITTEES                                                                          
                                                                                                                                
HB 111                                                                                                                        
The Conference Committee considering:                                                                                           
                                                                                                                                
     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."                                                                                                            
                                                                                                                                
and                                                                                                                             
                                                                                                                                
     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)                                                                                         
                                                                                                                                
requests limited powers of free conference on the following specific                                                            
points:                                                                                                                         
                                                                                                                                
     · Sections 1, 2,  3, 16, 26, 27, 29, 30, 36, 37 (House)                                                                    
     · Sections 1, 4, 5, 6, 7, 14, 17, 18, 20, 24, 27, 30, 33, 38, 39-43                                                        
         (Senate)