SB  53-AK PENINSULA OIL & GAS LEASE SALE; TAXES                                                                     
                                                                                                                                
CHAIR WAGONER announced SB 53 to be up for consideration.                                                                       
                                                                                                                                
MARY  JACKSON,  staff  to Senator  Wagoner,  explained  that  the                                                               
companion measure, HB  71, is heading in this  direction and they                                                               
are amendments.                                                                                                                 
                                                                                                                                
     The point of bringing this  to your attention is to let                                                                    
     you  know  that  all  of   these  are  coming.  Senator                                                                    
     Wagoner's intention is to hold  SB 53 in this committee                                                                    
     so  that when  HB 71  comes across,  that would  be the                                                                    
     bill that would be in front of you.                                                                                        
                                                                                                                                
CHAIR WAGONER  said there was no  public testimony and set  SB 53                                                               
aside to wait for legislation to arrive from the other body.