2010-04-18                     Senate Journal                      Page 2530
HCR 29                                                                                                                        
Senator Ellis moved and asked unanimous consent to take up HOUSE                                                                
CONCURRENT RESOLUTION NO. 29. Without objection, the                                                                            
resolution was before the Senate on final passage.                                                                              
                                                                                                                                
The question being: "Shall HOUSE CONCURRENT RESOLUTION                                                                          
NO. 29 Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules                                                              
of the Alaska State Legislature, concerning Senate Bill No. 305,                                                                
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                                                         

2010-04-18                     Senate Journal                      Page 2531
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 availability of a portion of the money received from the tax                                                        
on oil and gas production for appropriation to the community revenue                                                            
sharing fund; and relating to the allocation of lease expenditures and                                                          
adjustments to lease expenditures, pass the Senate?" The roll was                                                               
taken with the following result:                                                                                                
                                                                                                                                
HCR 29                                                                                                                          
Final Passage                                                                                                                   
                                                                                                                                
YEAS:  20   NAYS:  0   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bunde, Coghill, Davis, Dyson, Egan, Ellis, French, Hoffman,                                                              
Huggins, Kookesh, McGuire, Menard, Meyer, Olson, Paskvan,                                                                       
Stedman, Stevens, Thomas, Wagoner, Wielechowski                                                                                 
                                                                                                                                
and so, HOUSE CONCURRENT RESOLUTION NO. 29 passed the                                                                           
Senate, was signed by the President and Secretary and returned to the                                                           
House.