Legislature(2005 - 2006)
2005-02-14 House Journal
Full Journal pdf2005-02-14 House Journal Page 0304 HB 71 The House Special Committee on Ways & Means has considered: 2005-02-14 House Journal Page 0305 HOUSE BILL NO. 71 "An Act relating to 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; relating to the deadline for certain exploration expenditures used as credits against production tax on oil and gas produced from a lease or property in the Alaska Peninsula competitive oil and gas areawide lease sale area after July 1, 2004; and providing for an effective date." and recommends it be replaced with: CS FOR HOUSE BILL NO. 71(W&M) "An Act relating to 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; relating to the deadline for certain exploration expenditures used as credits against the production tax on oil and gas produced from a lease or property in the Alaska Peninsula competitive oil and gas areawide lease sale area after July 1, 2004; and providing for an effective date." The report was signed by Representative Weyhrauch, Chair, with the following individual recommendations: Do pass (3): Moses, Gruenberg, Weyhrauch Amend (1): Wilson The following fiscal note(s) apply to CSHB 71(W&M): 1. Indeterminate, Dept. of Natural Resources 2. Zero, Dept. of Revenue HB 71 was referred to the House Special Committee on Oil & Gas.