1998-03-30                     House Journal                      Page 2786
HB 380                                                                       
The Finance Committee has considered:                                          
                                                                               
HOUSE BILL NO. 380                                                            
"An Act relating to a temporary reduction of royalty on oil and               
gas produced for sale from fields within the Cook Inlet                        
sedimentary basin where production is commenced in fields that                 
have been discovered and undeveloped or that have been shut in."               

1998-03-30                     House Journal                      Page 2787
HB 380                                                                       
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 380(FIN)                                                
"An Act relating to a temporary reduction of royalty on oil and               
gas produced for sale from certain fields within the Cook Inlet                
sedimentary basin."                                                            
                                                                               
The report was signed by Representative Therriault, Co-chair, with the         
following individual recommendations:                                          
                                                                               
Do pass (3):  Davis, Kohring, Mulder                                           
                                                                               
No recommendation (3):  Therriault, Kelly, Martin                              
                                                                               
Amend (1):  Grussendorf                                                        
                                                                               
The following fiscal note applies to CSHB 380(FIN):                            
                                                                               
Indeterminate fiscal note, Dept. of Natural Resources, 3/13/98                 
                                                                               
HB 380 was referred to the Rules Committee for placement on the                
calendar.