Legislature(2009 - 2010)

2010-03-23 Senate Journal

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2010-03-23                     Senate Journal                      Page 1926
SB 228                                                                                                                        
The Resources Committee considered SENATE BILL NO. 228 "An                                                                      
Act providing for an industrial incentive investment tax credit and                                                             
including a gas-to-liquids facility as an eligible investment; and                                                              
providing for a production tax limit on gas used as a raw material for                                                          
producing liquids or petrochemicals from gas in the state" and                                                                  
recommended it be replaced with                                                                                                 
                                                                                                                                
          CS FOR SENATE BILL NO. 228(RES) "An Act                                                                               
          providing for a tax credit for investment in a facility                                                               
          that produces liquids from gas, coal, or biomass; and                                                                 
          providing for a production tax limit on gas used in                                                                   
          the state as a raw material for producing liquids or                                                                  
          petrochemicals from gas."                                                                                             
                                                                                                                                
Signing do pass: Senators McGuire, Wielechowski, Cochairs. Signing                                                              
no recommendation: Senators Huggins, Stevens, French. Signing                                                                   
amend: Senator Stedman.                                                                                                         
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, indeterminate, Department of Revenue                                                                        
                                                                                                                                
The bill was referred to the Finance Committee.