02/01/2006 09:07 AM House W&M

HB 223-NATURAL GAS PIPELINE INCENTIVE/ GAS TAX                                                                                
                                                                                                                                
9:11:07 AM                                                                                                                    
                                                                                                                                
CHAIR WEYHRAUCH announced that the  final order of business would                                                               
be HOUSE  BILL NO. 223,  "An Act levying  a tax on  certain known                                                               
resources  of natural  gas, conditionally  repealing the  levy of                                                               
that  tax, and  authorizing a  credit  for payments  of that  tax                                                               
against amounts due  under the oil and  gas properties production                                                               
(severance)  tax  if  requirements   relating  to  the  sale  and                                                               
delivery  of  the natural  gas  are  met;  and providing  for  an                                                               
effective date."                                                                                                                
                                                                                                                                
CHAIR  WEYHRAUCH,   having  determined   there  was   no  further                                                               
testimony or questions  on HB 223, announced that  the bill would                                                               
be  brought  up  at  the   next  meeting  before  closing  public                                                               
testimony.                                                                                                                      
                                                                                                                                
[HB 223 was held over.]