2005-01-12                     House Journal                      Page 0053
                INTRODUCTION, FIRST READING, AND REFERENCE                                       
                              OF HOUSE BILLS                                                     
                                                                                                    
HB 18                                                                                             
SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 18 by                                                         
Representatives Wilson, Chenault, LeDoux, and Elkins, entitled:                                     
                                                                                                    
     "An Act increasing the base student allocation used in the formula                             
     for state funding of public education; and providing for an                                    
     effective date."                                                                               
                                                                                                    
was read the first time and referred to the House Special Committee on                              
Education and the Health, Education & Social Services and Finance                                   
Committees.                                                                                         
                                                                                                    
**The presence of Representative Berkowitz was noted.                                               
                                                                                                    
HB 63                                                                                             
HOUSE BILL NO. 63 by Representatives Gara, Kerttula, Croft, and                                     
Guttenberg, entitled:                                                                               
                                                                                                    
     "An Act relating to the oil and gas properties production                                      
     (severance) tax as it applies to oil; establishing a minimum rate of                           
     tax for certain fields of five percent; providing for an adjustment                            
     to increase the tax collected when oil prices exceed $20 per barrel                            
     and to reduce the tax collected when oil prices fall below $16 per                             
     barrel; and providing for relief from the tax when the price per                               
     barrel is low or when the taxpayer demonstrates that a reduction in                            
     the tax is necessary to establish or reestablish production from an                            
     oil field or pool that would not otherwise be economically                                     
     feasible."                                                                                     
                                                                                                    
was read the first time and referred to the House Special Committee on                              
Ways & Means, the House Special Committee on Oil & Gas and the                                      
Resources and Finance Committees.                                                                   
                                                                                                    
**The presence of Representative Guttenberg was noted.                                              
                                                                                                    
HB 64                                                                                             
HOUSE BILL NO. 64 by Representatives Hawker and Stoltze,                                            
entitled: