2010-04-02                     Senate Journal                      Page 2091
SB 243                                                                                                                        
The Finance Committee considered SENATE BILL NO. 243 "An Act                                                                    
removing the royalty obligation for geothermal resources" and                                                                   
recommended it be replaced with                                                                                                 
                                                                                                                                
          CS FOR SENATE BILL NO. 243(FIN) "An Act                                                                               
          relating to geothermal resources; relating to the                                                                     
          royalty obligation for geothermal resources;                                                                          
          transferring from the Department of Natural                                                                           
          Resources to the Alaska Oil and Gas Conservation                                                                      
          Commission authority over permitting and inspection                                                                   
          of geothermal wells; providing for a regulatory cost                                                                  
          charge for geothermal wells; and providing for an                                                                     
          effective date."                                                                                                      
                                                                                                                                
Signing do pass: Senators Hoffman, Stedman, Cochairs; Senators                                                                  
Huggins, Thomas, Egan Ellis. Signing no recommendation: Senator                                                                 
Olson.                                                                                                                          
                                                                                                                                

2010-04-02                     Senate Journal                      Page 2092
The following fiscal information was published today:                                                                           
 Fiscal Note No. 3, zero, Department of Natural Resources                                                                       
 Fiscal Note No. 4, zero, Department of Administration                                                                          
                                                                                                                                
The following previously published fiscal information applies:                                                                  
 Fiscal Note No. 2, zero, Department of Revenue                                                                                 
                                                                                                                                
The bill was referred to the Rules Committee.