Legislature(2023 - 2024)

2024-03-25 House Journal

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2024-03-25                     House Journal                      Page 1984
HB 387                                                                                                                        
The Resources Committee considered:                                                                                             
                                                                                                                                
    HOUSE BILL NO. 387                                                                                                          
    "An Act relating to a tax credit for certain oil and gas equipment                                                          
    in the Cook Inlet sedimentary basin; and providing for an effective                                                         
    date."                                                                                                                      
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 387(RES)                                                                                              
    "An Act relating to a tax credit for certain oil and gas equipment                                                          
    in the Cook Inlet sedimentary basin; repealing certain credits                                                              
    against the oil and gas production tax; and providing for an                                                                
    effective date."                                                                                                            
                                                                                                                                
The report was signed by Representative McKay, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (3):  McCabe, Wright, McKay                                                                                             
                                                                                                                                
Amend (2):  Mears, Dibert                                                                                                       
                                                                                                                                
The following fiscal note(s) apply to CSHB 387(RES):                                                                            
                                                                                                                                
1.  Indeterminate, Dept. of Revenue                                                                                             
                                                                                                                                
HB 387 was referred to the Finance Committee.