Legislature(2017 - 2018)

2017-05-17 Senate Journal

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2017-05-17                     Senate Journal                      Page 1334
                               Recede Messages                                                                               
                                                                                                                                
HB 111                                                                                                                        
Message dated May 16 was read stating the House failed to concur in                                                             
the Senate amendment to 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 respectfully requests the Senate to recede from its amendment,                                                              
namely:                                                                                                                         
                                                                                                                                
          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."                                                                                     
                                                                                                                                
Senator Micciche moved that the Senate recede from its amendment                                                                
and recommended the body vote no.                                                                                               
                                                                                                                                
The question being: "Shall the Senate recede from its amendment?"                                                               
The roll was taken with the following result:                                                                                   
                                                                                                                                
SCS CSHB 111(FIN)                                                                                                               
Shall the Senate Recede from its Amendment                                                                                      
to CSHB 111(FIN)(efd fld)?                                                                                                      
                                                                                                                                
YEAS:  3   NAYS:  17   EXCUSED:  0   ABSENT:  0