Legislature(2017 - 2018)SENATE FINANCE 532
02/08/2017 09:00 AM Senate FINANCE
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Audio | Topic |
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Start | |
SB30 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+= | SB 30 | TELECONFERENCED | |
+= | SB 39 | TELECONFERENCED | |
+ | TELECONFERENCED |
SENATE BILL NO. 30 "An Act approving and ratifying the sale of royalty oil by the State of Alaska to Petro Star Inc.; and providing for an effective date." 9:02:57 AM JIM SHINE, SPECIAL PROJECTS ASSISTANT, DIVISION OF OIL AND GAS, DEPARTMENT OF NATURAL RESOURCES, stated that there was a revised fiscal note, which corrected a clerical error. The positive fiscal impact would begin January 1, 2018 through FY 22. Co-Chair MacKinnon shared that Vice-Chair Bishop had addressed the changes in the fiscal note at a previous meeting. She also stated that bill provided revenue to the state. Vice-Chair Bishop MOVED to REPORT SB 30 out of Committee with individual recommendations and the accompanying fiscal note. There being NO OBJECTION, it was so ordered. 9:04:20 AM AT EASE 9:06:39 AM RECONVENED Co-Chair MacKinnon discussed the following day's agenda. She stated that there was work on amendments for SB 39. SB 30 was REPORTED out of committee with a "do pass" recommendation and with a new fiscal impact note from the Department of Natural Resources.
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