2024-05-10                     Senate Journal                      Page 2568
SB 194                                                                                                                        
The Resources Committee considered SENATE BILL NO. 194 "An                                                                      
Act relating to temporarily reduced royalty on oil and gas from pools                                                           
without previous commercial sales in the Cook Inlet sedimentary                                                                 
basin; and providing for an effective date" and recommended it be                                                               
replaced with                                                                                                                   
                                                                                                                                

2024-05-10                     Senate Journal                      Page 2569
          CS FOR SENATE BILL NO. 194(RES) "An Act                                                                               
          relating to temporary reduced royalty on oil and gas                                                                  
          from pools in the Cook Inlet sedimentary basin                                                                        
          without previous commercial sales and to reports                                                                      
          related to the royalty rates; requiring the Alaska Oil                                                                
          and Gas Conservation Commission to publish a                                                                          
          report related to oil and gas waste; and providing for                                                                
          an effective date."                                                                                                   
                                                                                                                                
Signing no recommendation: Senator Giessel, Cochair; Senator                                                                    
Dunbar. Signing amend: Senators Kawasaki, Wielechowski, Kaufman.                                                                
                                                                                                                                
The following previously published fiscal information applies:                                                                  
     Fiscal Note No. 1, indeterminate, Department of Natural                                                                    
          Resources                                                                                                             
                                                                                                                                
The bill was referred to the Finance Committee.