2011-01-18                     House Journal                      Page 0025
HB 17                                                                                                                         
(Prefile released January 7, 2011)                                                                                              
HOUSE BILL NO. 17 by Representatives HAWKER, CHENAULT,                                                                          
JOHNSON, OLSON, and Millett, entitled:                                                                                          
                                                                                                                                
    "An Act relating to the tax on oil and gas production; providing                                                            
    for different tax rates based on the average production tax value of                                                        
    oil and gas produced during a calendar year; relating to the tax                                                            
    credit for a carried forward annual loss applicable to the tax on oil                                                       
    and gas production; and providing for an effective date."                                                                   
                                                                                                                                
was read the first time and referred to the Resources and Finance                                                               
Committees.