1996-05-01                     House Journal                      Page 4207
SB 112                                                                       
The Finance Committee has considered:                                          
                                                                               
CS FOR SENATE BILL NO. 112(RES)                                               
An Act establishing a discovery royalty credit for the lessees of             
state land drilling exploratory wells and making the first discovery           
of oil or gas in an oil or gas pool in the Cook Inlet sedimentary              
basin.                                                                         
                                                                               
and recommends it be replaced with:                                            
                                                                               
HOUSE CS FOR CS FOR SENATE BILL NO. 112(FIN)                                  
(same title)                                                                  
                                                                               
The report was signed by Representative Foster, Co-chair, with the             
following individual recommendations:                                          
                                                                               
Do pass (5):  Foster, Mulder, Martin, Parnell, Kelly                           
                                                                               
Amend (3):  Brown, Grussendorf, Navarre                                        
                                                                               

1996-05-01                     House Journal                      Page 4208
SB 112                                                                       
The following fiscal notes apply to HCS CSSB 112(FIN):                         
                                                                               
Senate indeterminate fiscal note, Dept. of Revenue, 3/29/96                    
Senate fiscal note, Dept. of Natural Resources, 3/25/96                        
                                                                               
CSSB 112(RES) is on today's calendar.