Legislature(2015 - 2016)

2015-04-10 House Journal

Full Journal pdf

2015-04-10                     House Journal                      Page 0821
HB 100                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    HOUSE BILL NO. 100                                                                                                          
    "An Act establishing a credit against the net income tax for an in-                                                         
    state processing facility that manufactures urea or ammonia; and                                                            
    providing for an effective date."                                                                                           
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 100(FIN)                                                                                              
    "An Act establishing a credit against the net income tax for an in-                                                         
    state processing facility that manufactures urea, ammonia, or gas-                                                          
    to-liquid products; relating to establishing the value of the state's                                                       
    royalty share of gas production based on contracts with certain in-                                                         
    state processing facilities that manufacture urea, ammonia, or gas-                                                         
    to-liquid products; and providing for an effective date."                                                                   
                                                                                                                                
The report was signed by Representatives Neuman and Thompson,                                                                   
Co-chairs, with the following individual recommendations:                                                                       
                                                                                                                                
Do pass (6):  Saddler, Gattis, Edgmon, Wilson, Neuman, Thompson                                                                 
                                                                                                                                
Do not pass (3):  Kawasaki, Guttenberg, Gara                                                                                    
                                                                                                                                
The following fiscal note(s) apply to CSHB 100(FIN):                                                                            
                                                                                                                                
1.  Indeterminate, Dept. of Revenue                                                                                             
                                                                                                                                
HB 100 was referred to the Rules Committee for placement on the                                                                 
calendar.