2017-05-13                     Senate Journal                      Page 1202
President Kelly stated SENATE CS FOR HOUSE BILL NO. 16(RLS)                                                                     
will advance to third reading on the May 15 calendar.                                                                           
                                                                                                                                
HB 111                                                                                                                        
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" was read the second time.                                                                            
                                                                                                                                
Senator MacKinnon, Cochair, moved and asked unanimous consent                                                                   
for the adoption of the Finance Senate Committee Substitute offered                                                             
on page 1192. Senator Gardner objected.                                                                                         
                                                                                                                                
The question being: "Shall the Finance Senate Committee Substitute                                                              
be Adopted?" The roll was taken with the following result:                                                                      
                                                                                                                                
CSHB 111(FIN)(efd fld)                                                                                                          
Second Reading                                                                                                                  
Adopt Finance Senate Committee Substitute?                                                                                      
                                                                                                                                
YEAS:  15   NAYS:  3   EXCUSED:  2   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bishop, Coghill, Costello, Dunleavy, Egan, Giessel, Hoffman,                                                             
Hughes, Kelly, MacKinnon, Meyer, Micciche, Stevens,                                                                             
Wielechowski, Wilson                                                                                                            
                                                                                                                                
Nays:  Begich, Gardner, Olson                                                                                                   
                                                                                                                                
Excused:  Stedman, von Imhof                                                                                                    
                                                                                                                                
and so, 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