2003-05-14                     Senate Journal                      Page 1382
SB 185                                                                                            
The Finance Committee considered SENATE BILL NO. 185 "An Act                                        
providing for a reduction of royalty on certain oil produced from Cook                              
Inlet submerged land" and recommended it be replaced with                                           
                                                                                                    
          CS FOR SENATE BILL NO. 185(FIN) "An Act                                                   
          providing for a reduction of royalty on certain oil                                       
          produced from Cook Inlet submerged land, and for a                                        
          credit for certain exploration expenses against oil and                                   
          gas properties production taxes on oil and gas                                            
          produced from a lease or property in the state."                                          
                                                                                                    
Signing do pass: Senators Green, Wilken, Cochairs; Senators Taylor,                                 
Bunde, Ben Stevens. Signing no recommendation: Senators Hoffman,                                    
Olson.                                                                                              
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 2, Department of Natural Resources                                                 
 Fiscal Note No. 3, Department of Revenue                                                           
                                                                                                    
The bill is on today's calendar.