Legislature(2009 - 2010)

2010-02-23 House Journal

Full Journal pdf

2010-02-23                     House Journal                      Page 1563
HB 407                                                                                                                        
HOUSE BILL NO. 407 by Representatives Tuck and Kawasaki,                                                                        
entitled:                                                                                                                       
                                                                                                                                
    "An Act authorizing a rebate of the production tax on oil and gas                                                           
    based on the employment of resident workers; imposing a penalty                                                             
    under the production tax on oil and gas on persons that fail to                                                             
    employ a certain percentage of resident workers; relating to the                                                            
    tax rate applicable to oil and gas production; relating to employee                                                         
    records required to be kept by an employer that provides labor the                                                          
    cost of which is a lease expenditure for purposes of the production                                                         
    tax on oil and gas; and providing for an effective date."                                                                   
                                                                                                                                
was read the first time and referred to the Resources and Finance                                                               
Committees.