2006-03-17                     House Journal                      Page 2795
    expenditures on leases or properties located north of 68 degrees,                               
    15 minutes, North latitude, and expanding the purposes for which                                
    use of that credit is allowed; and delaying to June 30, 2010, the                               
    last date by which hydrocarbon exploration geophysical work                                     
    must be performed or drilling of a stratigraphic test well or                                   
    exploratory well must be completed in order for a person to                                     
    qualify for an exploration incentive credit under the oil and gas                               
    exploration incentive credit that is not authorized by the Alaska                               
    Land Act."                                                                                      
                                                                                                    
The report was signed by Representative Kohring, Chair, with the                                    
following individual recommendations:                                                               
                                                                                                    
Do pass (1):  Kohring                                                                               
                                                                                                    
No recommendation (3):  Samuels, Dahlstrom, Rokeberg                                                
                                                                                                    
The following fiscal note(s) apply to CSHB 386(O&G):                                                
                                                                                                    
1.  Zero, Dept. of Natural Resources                                                                
2.  Indeterminate, Dept. of Revenue                                                                 
                                                                                                    
HB 386 was referred to the Resources Committee.                                                     
                                                                                                    
                       INTRODUCTION OF CITATIONS                                                 
                                                                                                    
The following citation was introduced and referred to the Rules                                     
Committee for placement on the calendar:                                                            
                                                                                                    
In Memoriam - Harry William Brouillette                                                             
By Representative Thomas; Senator Kookesh                                                           
                                                                                                    
               INTRODUCTION, FIRST READING, AND REFERENCE                                        
                             OF HOUSE BILLS                                                      
                                                                                                    
HB 493                                                                                            
HOUSE BILL NO. 493 by the House Finance Committee, entitled:                                        
                                                                                                    
    "An Act relating to reimbursement of municipal bonds for school                                 
    construction."                                                                                  
                                                                                                    
was read the first time and referred to the Finance Committee.