1996-02-07                     House Journal                      Page 2644
HB 325                                                                       
The Resources Committee has considered:                                        
                                                                               
HOUSE BILL NO. 325                                                            
An Act authorizing suspension of payment of a portion of the                  
royalty due the state for initial production of heavy oil from wells           
on the Arctic Slope.                                                           
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 325(O&G)                                                
An Act authorizing exemption from payment of royalty for initial              
production of a portion of the heavy oil produced from wells on                
the Arctic Slope; and providing for an effective date.                         
                                                                               
                                                                               
The report was signed by Representative Green, Co-chair, with the              
following individual recommendations:                                          
                                                                               
Do pass (5): Williams, Green, Austerman, Kott, Ogan                            
                                                                               
Amend (2): Nicholia, Davies                                                    
                                                                               
The following fiscal notes apply to CSHB 325(O&G):                             
                                                                               
Fiscal note, Dept. of Revenue, 1/24/96                                         
Fiscal note, Dept. of Natural Resources, 1/24/96                               
                                                                               
HB 325 was referred to the Finance Committee.                                  
                                                                               
                                                                               
HB 330                                                                       
The Community & Regional Affairs Committee has considered:                     
                                                                               
HOUSE BILL NO. 330                                                            
An Act relating to the unincorporated community capital project               
matching grant program; and providing for an effective date.                   
                                                                               
The report was signed by Representatives Ivan and Austerman, Co-               
chairs, with the following individual recommendations: