2010-04-01                     Senate Journal                      Page 2078
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 availability of a portion of the money received from the tax                                                        
on oil and gas production for appropriation to the community revenue                                                            
sharing fund; relating to the allocation of lease expenditures and                                                              
adjustments to lease expenditures; and providing for an effective date"                                                         
was engrossed, signed by the President and Secretary and transmitted                                                            
to the House for consideration.                                                                                                 
                                                                                                                                
SJR 21                                                                                                                        
SENATE JOINT RESOLUTION NO. 21 Proposing amendments to                                                                          
the Constitution of the State of Alaska relating to and increasing the                                                          
number of members of the house of representatives to forty-eight and                                                            
the number of members of the senate to twenty-four, was engrossed,                                                              
signed by the President and Secretary and transmitted to the House for                                                          
consideration.                                                                                                                  
                                                                                                                                
                                                                                                                                
                                 Adjournment                                                                                 
                                                                                                                                
Senator Ellis moved and asked unanimous consent that the Senate                                                                 
stand in adjournment until 10:00 a.m., April 2, 2010. Without                                                                   
objection, the Senate adjourned at 12:57 p.m.                                                                                   
                                                                                                                                
                                                                Kirsten Waid                                                    
                                                     Secretary of the Senate