Legislature(2009 - 2010)

2010-04-18 House Journal

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2010-04-18                     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