Legislature(1993 - 1994)
1994-04-27 House Journal
Full Journal pdf1994-04-27 House Journal Page 3787 SB 151 The following was read the second time: SENATE BILL NO. 151 "An Act providing for oil and gas exploration incentive credits for certain activities on certain land in the state; and providing for an effective date." with the: Journal Page O&G RPT 3DP 2NR 2215 -ZERO FISCAL NOTE (DNR) 2/2/94 2215 JUD REFERRAL ADDED 2216 RES RPT HCS(RES) 6DP 2641 -ZERO FISCAL NOTE (REV) 3/7/94 2641 -PREVIOUS ZERO FISCAL NOTE (DNR) 2/2/94 2641 JUD RPT HCS(RES) 5DP 1AM 2998 -PREVIOUS ZERO FISCAL NOTE (REV) 3/7/94 2998 -PREVIOUS ZERO FISCAL NOTE (DNR) 2/2/94 2998 FIN RPT HCS(FIN) 9DP 3705 -PREVIOUS ZERO FISCAL NOTE (DNR) 2/2/94 3705 -PREVIOUS ZERO FISCAL NOTE (REV) 3/7/94 3705 Representative Phillips moved and asked unanimous consent that the following committee substitute be adopted in lieu of the original bill: 1994-04-27 House Journal Page 3788 SB 151 HOUSE CS FOR SENATE BILL NO. 151(FIN) (same title) There being no objection, it was so ordered. Amendment No. 1 was offered by Representatives Green and Brown: Page 3, following line 15: Insert a new subsection to read: "(i) The commissioner may not allow to a qualified applicant the claim of an exploration incentive credit under this chapter for an activity of the qualified applicant that occurs in any year in which the qualified applicant owes a liquidated debt to a state agency or to a public corporation of the state. The applicant's failure to obtain the claim of the exploration incentive credit under this subsection waives the credit for those activities in any subsequent year. In this subsection, "liquidated debt" means a debt that is immediately and unconditionally due, either by agreement of the state and the qualified applicant or by law, and that involves an obligation or payment against which the exploration incentive credit may be claimed under AS41.09.100(b)." Representative Green moved and asked unanimous consent that Amendment No. 1 be adopted. There being no objection, it was so ordered. Representative Phillips moved and asked unanimous consent that HCS SB 151(FIN) am H be considered engrossed, advanced to third reading and placed on final passage. There being no objection, it was so ordered. HCS SB 151(FIN) am H was read the third time. 1994-04-27 House Journal Page 3789 SB 151 The question being: "Shall HCS SB 151(FIN) am H pass the House?" The roll was taken with the following result: HCS SB 151(FIN) am H Third Reading Final Passage YEAS: 37 NAYS: 2 EXCUSED: 0 ABSENT: 1 Yeas: Barnes, Brown, Bunde, Carney, Davidson, B.Davis, G.Davis, Finkelstein, Foster, Green, Grussendorf, Hanley, Hoffman, Hudson, James, Kott, Larson, Mackie, MacLean, Martin, Menard, Moses, Mulder, Navarre, Nordlund, Olberg, Parnell, Phillips, Porter, Sanders, Sitton, Therriault, Toohey, Ulmer, Vezey, Williams, Willis Nays: Davies, Nicholia Absent: Brice And so, HCS SB 151(FIN) am H passed the House. Representative Phillips moved and asked unanimous consent that the roll call on the passage of the bill be considered the roll call on the effective date clause. There being no objection, it was so ordered. Representative Nicholia gave notice of reconsideration of her vote on HCS SB 151(FIN) am H.