2009-03-13                     House Journal                      Page 0463
HB 189                                                                                                                        
HOUSE BILL NO. 189 by Representatives Crawford, Kerttula, Buch,                                                                 
Cissna, Doogan, Gara, Gardner, Gruenberg, Guttenberg, Holmes,                                                                   
Kawasaki, Petersen, Salmon, and Tuck, entitled:                                                                                 
                                                                                                                                
    "An Act eliminating the concluding date that applies to calculate a                                                         
    producer's total lease expenditures for purposes of administration                                                          
    of the oil and gas production tax during the initial years of that                                                          
    tax, thereby allowing an indefinite continuation of a special                                                               
    formula to determine the amount of lease expenditures that may                                                              
    be taken as a deduction when computing the production tax value                                                             
    of oil and gas; and providing for an effective date."                                                                       
                                                                                                                                
was read the first time and referred to the Resources and Finance                                                               
Committees.