Legislature(2009 - 2010)
2010-04-18 House Journal
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Full Journal pdf2010-04-18 House Journal Page 2509 Representative Johansen moved and asked unanimous consent that the roll call on the passage of the bill be considered the roll call on the effective date clause. There being no objection, it was so ordered. Engrossment of HCS CSSB 230(FIN) am H was waived (page 2471). It was signed by the Speaker and Chief Clerk and transmitted to the Senate with copies of certified amendments attached. The Speaker stated that the House would stand at ease until 9:15 p.m.; and so, the House stood at ease at 8:49 p.m. AFTER AT EASE The Speaker called the House back to order at 9:31 p.m. THIRD READING OF SENATE BILLS (continued) SB 305 Representative Hawker moved and asked unanimous consent that the House rescind previous action on the following (page 2478): HOUSE CS FOR CS FOR SENATE BILL NO. 305(FIN)(fld H) "An Act providing that the tax rate applicable to the production of oil as the average production tax value of oil, gas produced in the Cook Inlet sedimentary basin, and gas produced outside of the Cook Inlet sedimentary basin and used in the state increases above $30 shall be 0.4 percent multiplied by the number that represents the difference between that average monthly production tax value and $30, or the sum of 25 percent and the product of 0.1 percent multiplied by the number that represents the difference between that average monthly production tax value and $92.50, except that the total rate determined in the calculation may not exceed 50 percent; providing for an increase in the rate of tax on the production of gas as the average production tax value on a BTU equivalent barrel basis of gas produced outside of the Cook Inlet sedimentary basin and not used in the state increases above $30; relating to payments of the oil and gas production tax; relating to the lease expenditures that may be deducted when determining production tax value; relating to availability of a portion of the