2017-07-15                     Senate Journal                      Page 1564
Senator Micciche moved and asked unanimous consent the Senate                                                                   
return to Reports of Special Committees. Without objection, the                                                                 
Senate returned to:                                                                                                             
                                                                                                                                
                          Special Committee Reports                                                                          
                                                                                                                                
HB 111                                                                                                                        
                                                                July 15, 2017                                                   
                                                                                                                                
Mr. President:                                                                                                                  
Mr. Speaker:                                                                                                                    
                                                                                                                                
The Conference Committee considering 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"                                                                                      
                                                                                                                                
requests limited powers of free conference on the following specific                                                            
points: