2024-05-12                     Senate Journal                      Page 2621
HB 50                                                                                                                         
CS FOR HOUSE BILL NO. 50(FIN) "An Act relating to carbon                                                                        
storage on state land; relating to the powers and duties of the Alaska                                                          
Oil and Gas Conservation Commission; relating to carbon storage                                                                 
exploration licenses; relating to carbon storage leases; relating to                                                            
carbon storage operator permits; relating to enhanced oil or gas                                                                
recovery; relating to long-term monitoring and maintenance of storage                                                           
facilities; relating to carbon oxide sequestration tax credits; relating to                                                     
the duties of the Department of Natural Resources; relating to carbon                                                           
dioxide pipelines; and providing for an effective date" was read the                                                            
second time.                                                                                                                    
                                                                                                                                
President Stevens stated CS FOR HOUSE BILL NO. 50(FIN) will                                                                     
advance to third reading on the May 13 calendar.