2004-04-05                     House Journal                      Page 3205
HB 364                                                                                            
The House Special Committee on Oil & Gas has considered:                                            
                                                                                                    
     SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 364                                                      
     "An Act establishing a moratorium on the issuance of state                                     
     shallow natural gas leases in the vicinity of Kachemak Bay, and                                
     precluding the commissioner of natural resources from reissuing                                
     or otherwise extending leases within the moratorium area if the                                
     leases fail to produce gas in paying quantities within the terms of                            
     the lease or if there is a breach of a term or condition of the lease;                         
     and providing for an effective date."                                                          
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
     CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO.                                                   
     364(O&G)                                                                                       
     "An Act prohibiting the issuance of state shallow natural gas                                  
     leases in the vicinity of Kachemak Bay, modifying the authority to                             
     extend certain shallow natural gas leases, and precluding the                                  
     director of the division of lands from reissuing or otherwise                                  
     extending shallow natural gas leases within the Kachemak Bay                                   
     area if there is a breach of a term or condition of the lease; and                             
     providing for an effective date."                                                              
                                                                                                    

2004-04-05                     House Journal                      Page 3206
The report was signed by Representative Kohring, Chair, with the                                    
following individual recommendations:                                                               
                                                                                                    
Do pass (2):  Kerttula, Crawford                                                                    
                                                                                                    
No recommendation (1):  McGuire                                                                     
                                                                                                    
Amend (3):  Holm, Rokeberg, Kohring                                                                 
                                                                                                    
                                                                                                    
The following fiscal note(s) apply to CSSSHB 364(O&G):                                              
                                                                                                    
1.  Indeterminate, Dept. of Natural Resources                                                       
                                                                                                    
SSHB 364 was referred to the Resources Committee.