Legislature(2017 - 2018)

2017-05-16 House Journal

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2017-05-16                     House Journal                      Page 1457
                      CONCUR IN SENATE AMENDMENTS                                                                            
                                                                                                                                
HB 111                                                                                                                        
Representative Tuck moved and asked unanimous consent that the                                                                  
House consider the Senate message (page 1437) on the following:                                                                 
                                                                                                                                
    CS FOR HOUSE BILL NO. 111(FIN)(efd fld)                                                                                     
    "An Act relating to the oil and gas production tax, tax payments,                                                           
    and credits; relating to interest applicable to delinquent oil and gas                                                      
    production tax; relating to carried-forward lease expenditures                                                              
    based on losses and limiting those lease expenditures to an amount                                                          
    equal to the gross value at the point of production of oil and gas                                                          
    produced from the lease or property where the lease expenditure                                                             
    was incurred; relating to information concerning tax credits, lease                                                         
    expenditures, and oil and gas taxes; relating to the disclosure of                                                          
    that information to the public; relating to an adjustment in the                                                            
    gross value at the point of production; and relating to a legislative                                                       
    working group."                                                                                                             
                                                                                                                                
and                                                                                                                             
                                                                                                                                
    SENATE CS FOR CS FOR HOUSE BILL NO. 111(FIN)                                                                                
    "An Act relating to credits against the oil and gas production tax;                                                         
    relating to the applicability of certain credits earned under the oil                                                       
    and gas production tax to the tax on corporations; relating to tax                                                          
    credit certificates against the oil and gas production tax and the                                                          
    issuance and assignment of those certificates; relating to interest                                                         
    applicable to delinquent taxes; relating to lease expenditures;                                                             
    relating to the oil and gas tax credit fund; and providing for an                                                           
    effective date."                                                                                                            
                                                                                                                                
    (SCR 12 - title change resolution)                                                                                          
                                                                                                                                
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Representative Tuck moved that the House concur in the Senate                                                                   
amendment and recommended that the members vote no.                                                                             
                                                                                                                                
The question being:  "Shall the House concur in the Senate                                                                      
amendment, thus adopting SCS CSHB 111(FIN)?"  The roll was taken                                                                
with the following result: