1998-04-17                     Senate Journal                      Page 3336
HB 380                                                                       
The Finance Committee considered CS FOR HOUSE BILL NO.                         
380(FIN)(title am) An Act relating to a temporary reduction of                 
royalty on oil and gas produced for sale from certain fields described         
as being located within the Cook Inlet sedimentary basin, as having            
been discovered before January 1, 1988, and as having been                     
undeveloped or shut in from at least January 1, 1988, through                  
December 31, 1997 and recommended it be replaced with                          
                                                                               
                                                                               

1998-04-17                     Senate Journal                      Page 3337
HB 380                                                                       
SENATE CS FOR CS FOR HOUSE BILL NO.                                           
380(FIN)                                                                       
                                                                               
Signing do pass: Senators Pearce, Sharp, Cochairs, Senator                     
Torgerson. Signing no recommendation: Senators Phillips, Parnell,              
Donley. Signing do not pass: Senator Adams.                                    
                                                                               
Previous indeterminate fiscal note applies to the Senate Committee             
Substitute.                                                                    
                                                                               
The bill was referred to the Rules Committee.