2006-04-12                     House Journal                      Page 3112
HB 498                                                                                            
The House Special Committee on Oil & Gas has considered:                                            
                                                                                                    
    HOUSE BILL NO. 498                                                                              
    "An Act authorizing tax credits against the production tax on oil                               
    and gas for qualified expenditures for challenged or                                            
    nonconventional oil or gas and for qualified expenditures for                                   
    nonconventional or renewable energy resources; giving the Act                                   
    contingent effect; and providing for an effective date."                                        
                                                                                                    
The report was signed by Representative Kohring, Chair, with the                                    
following individual recommendations:                                                               
                                                                                                    
Do pass (2):  Rokeberg, Kohring                                                                     
                                                                                                    
No recommendation (1):  Samuels                                                                     
                                                                                                    
Amend (3):  Guttenberg, Dahlstrom, McGuire                                                          
                                                                                                    
A House Special Committee on Oil & Gas letter of intent is                                          
forthcoming.                                                                                        
                                                                                                    
The following fiscal note(s) apply:                                                                 
                                                                                                    
1.  Zero, Dept. of Natural Resources                                                                
2.  Fiscal, Dept. of Revenue                                                                        
                                                                                                    

2006-04-12                     House Journal                      Page 3113
HB 498 was referred to the Resources Committee.