1998-04-06                     House Journal                      Page 2887
HB 380                                                                       
The following was read the second time:                                        
                                                                               
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."               
                                                                               
with the:                                                 Journal Page         
                                                                               
	O&G RPT  CS(O&G) 3DP 3NR 1AM                                     2619         
	INDETERMINATE FISCAL NOTE (DNR)                                  2620         
	FIN RPT  CS(FIN) NT 3DP 3NR 1AM                                  2786         
	INDETERMINATE FISCAL NOTE (DNR) 3/13/98                          2787         
                                                                               
                                                                               
**The presence of Representative Hanley was noted.                             
                                                                               
Representative Porter moved and asked unanimous consent that the               
following committee substitute be adopted in lieu of the original bill:        
                                                                               
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."                                                            
                                                                               
There being no objection, it was so ordered.                                   
                                                                               
The Speaker stated that CSHB 380(FIN) will be in third reading on              
tomorrow's calendar.