2000-01-21                     Senate Journal                      Page 2035
SB 214                                                                       
SENATE BILL NO. 214 BY SENATORS ELTON, Ellis, entitled:                        
                                                                               
An Act establishing an oil and gas corporate                                  
income tax and making conforming amendments;                                   
and amending the tax on corporations levied under                              
the Alaska Net Income Tax Act to eliminate the                                 
state corporate income tax on taxable income of less                           
than $10,000; and providing for an effective date.                             
                                                                               
was read the first time and referred to the Resources and Finance              
Committees.