Legislature(2013 - 2014)

2013-04-08 House Journal

Full Journal pdf

2013-04-08                     House Journal                      Page 0961
SB 21                                                                                                                         
The Resources Committee submitted the following forthcoming fiscal                                                              
notes to accompany its report (page 883):                                                                                       
                                                                                                                                
9.   Indeterminate, Dept. of Natural Resources                                                                                  
10. Fiscal, Dept. of Revenue                                                                                                    
11. Zero, Dept. of Commerce, Community, & Economic Development                                                                  
                                                                                                                                
for                                                                                                                             
                                                                                                                                
    HOUSE CS FOR CS FOR SENATE BILL NO. 21(RES)                                                                                 
    "An Act relating to the interest rate applicable to certain amounts                                                         
    due for fees, taxes, and payments made and property delivered to                                                            
    the Department of Revenue; providing a tax credit against the                                                               
    corporation income tax for qualified oil and gas service industry                                                           
    expenditures; relating to the oil and gas production tax rate;                                                              
    relating to gas used in the state; relating to monthly installment                                                          
    payments of the oil and gas production tax; relating to oil and gas                                                         
    production tax credits for certain losses and expenditures; relating                                                        
    to oil and gas production tax credit certificates; relating to                                                              
    nontransferable tax credits based on production; relating to the oil                                                        
    and gas tax credit fund; relating to annual statements by producers                                                         
    and explorers; relating to the determination of annual oil and gas                                                          
    production tax value including adjustments based on a percentage                                                            
    of gross value at the point of production from certain leases or                                                            
    properties; relating to the calculation of lease expenditures;                                                              
    allowing the Alaska Industrial Development and Export Authority                                                             
    to issue bonds for an oil processing facility; creating a fund to                                                           

2013-04-08                     House Journal                      Page 0962
    finance construction or improvement of an oil or gas processing                                                             
    facility; and making conforming amendments."                                                                                
                                                                                                                                
CS FOR SENATE BILL NO. 21(FIN) am(efd fld) is in the Finance                                                                    
Committee.