Legislature(2007 - 2008)HOUSE FINANCE 519
11/06/2007 05:00 PM House FINANCE
| Audio | Topic |
|---|---|
| Start | |
| HB2001 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | HB2001 | TELECONFERENCED | |
HOUSE FINANCE COMMITTEE
November 6, 2007
5:12 p.m.
CALL TO ORDER
Co-Chair Chenault called the House Finance Committee meeting
to order at 5:12:52 PM.
MEMBERS PRESENT
Representative Mike Chenault, Co-Chair
Representative Kevin Meyer, Co-Chair
Representative Bill Stoltze, Vice-Chair
Representative Harry Crawford
Representative Richard Foster
Representative Les Gara
Representative Mike Hawker
Representative Reggie Joule
Representative Mike Kelly
Representative Mary Nelson
Representative Bill Thomas, Jr.
MEMBERS ABSENT
None
PRESENT VIA TELECONFERENCE
None
SUMMARY
HB 2001 "An Act relating to the production tax on oil and
gas and to conservation surcharges on oil;
relating to the issuance of advisory bulletins and
the disclosure of certain information relating to
the production tax and the sharing between
agencies of certain information relating to the
production tax and to oil and gas or gas only
leases; amending the State Personnel Act to place
in the exempt service certain state oil and gas
auditors and their immediate supervisors;
establishing an oil and gas tax credit fund and
authorizing payment from that fund; providing for
retroactive application of certain statutory and
regulatory provisions relating to the production
tax on oil and gas and conservation surcharges on
oil; making conforming amendments; and providing
for an effective date."
CSHB 2001 (RES) was heard and HELD in Committee
for further consideration.
HOUSE BILL NO. 2001
"An Act relating to the production tax on oil and gas
and to conservation surcharges on oil; relating to the
issuance of advisory bulletins and the disclosure of
certain information relating to the production tax and
the sharing between agencies of certain information
relating to the production tax and to oil and gas or
gas only leases; amending the State Personnel Act to
place in the exempt service certain state oil and gas
auditors and their immediate supervisors; establishing
an oil and gas tax credit fund and authorizing payment
from that fund; providing for retroactive application
of certain statutory and regulatory provisions relating
to the production tax on oil and gas and conservation
surcharges on oil; making conforming amendments; and
providing for an effective date."
Co-Chair Chenault reviewed committee rules and etiquette.
Co-Chair Chenault noted that CSHB 2001 (RES), 25-GH0014\V,
was before the committee. Due to the lateness of the
reception of the bill, there will be no testimony until the
following day. Public testimony will be held on November 8
at 5:30 PM. He urged the members to be diligent in their
questioning due to the remaining time allotted to the
special session.
5:18:15 PM
Co-Chair Meyer spoke to the Legislative Ethics Act - AS
24.60.010, which establishes standard of conduct for
legislators. He read from the Act as it pertains to "part
time citizen legislators". He discussed the perception of a
conflict of interest due to his own employment and commented
on how conflict of interest is defined in state law. He
paraphrased AS 24.60.030(g): "A legislator may not vote on a
question if a legislator has a substantial equity or
ownership interest in a business, investment, real property,
lease, or other enterprise, (2) the equity or ownership
interest would be affected by the action to be voted on and,
(3) the effect of the action on a legislator's interest
would be greater than the effect on others in a legislator's
or employee's profession, occupation, industry, or region."
Co-Chair Meyer noted that he is a Facility Support
Coordinator with ConocoPhillips Alaska, but has no
substantial equity or ownership interest in ConocoPhillips,
nor involvement in decision making on oil and gas
development, exploration, and investment in Alaska. He
reported on being sensitive to a perceived conflict of
interest and noted that he has always disclosed his
perceived conflicts. He emphasized the importance of
keeping the process open. He cited Uniform Rule 34 B and
asked permission of the committee to be excused from voting
on this bill.
Representative Thomas objected. Co-Chair Chenault stated
that Co-Chair Meyer would be required to participate in the
House Finance Committee process.
5:22:21 PM
Representative Gara asked for more information regarding
scheduling of witnesses. Co-Chair Chenault estimated that
the bill would be moved out of committee by Friday or
Saturday in order to allow the other body time for
deliberation.
Representative Thomas asked if the CS should be adopted.
Co-Chair Chenault noted that rules did not require adoption
of the CS (RES) version.
Representative Nelson requested a side-by-side comparison of
previous versions.
5:24:39 PM
Representative Hawker further commented on the code of
ethics. He noted that his spouse is employed in the oil and
gas industry and added that neither he nor his spouse have
no direct pecuniary interest in the outcome of this
legislation.
5:25:46 PM
Representative Gara MOVED to ADOPT CSHB 2001 (RES).
Representative Hawker OBJECTED and requested an explanation.
Representative Gara noted that there were rumors that the
Oil and Gas version would be the one before the committee.
Representative Hawker WITHDREW his OBJECTION.
CSHB 2001 (RES) was heard and HELD in Committee for further
consideration.
5:27:08 PM
ADJOURNMENT
The meeting was adjourned at 5:27 PM.
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