2003-05-15                     Senate Journal                      Page 1425
HB 61                                                                                             
The Finance Committee considered CS FOR HOUSE BILL NO.                                              
61(FIN) "An Act establishing an exploration and development                                         
incentive tax credit for operators and working interest owners directly                             
engaged in the exploration for and development of gas for sale and                                  
delivery without reference to volume from a lease or property in the                                
state; and providing for an effective date" and recommended the                                     
adoption of the Resources Senate Committee Substitute offered on                                    
page 1270. Signing do pass: Senator Wilken, Cochair; Senators                                       
Taylor, Ben Stevens. Signing no recommendation: Senators Olson,                                     
Bunde, Hoffman.                                                                                     
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 1, zero, Department of Natural Resources                                           
 Fiscal Note No. 2, zero, Department of Revenue                                                     
                                                                                                    
The bill was referred to the Rules Committee.