2023-05-15                     House Journal                      Page 1104
SB 48                                                                                                                         
CS FOR SENATE BILL NO. 48(FIN) by the Senate Finance                                                                            
Committee, entitled:                                                                                                            

2023-05-15                     House Journal                      Page 1105
     "An Act relating to the powers and duties of the Alaska Oil and                                                            
     Gas Conservation Commission; authorizing the Department of                                                                 
     Natural Resources to lease land for carbon management purposes;                                                            
     establishing a carbon offset program for state land; authorizing the                                                       
     sale of carbon offset credits; authorizing the use of land and water                                                       
     within the Haines State Forest Resource Management Area for a                                                              
     carbon offset project; authorizing the undertaking of carbon offset                                                        
     projects on land in legislatively designated state forests; relating to                                                    
     oil and gas lease expenditures; and providing for an effective                                                             
     date."                                                                                                                     
                                                                                                                                
was read the first time and referred to the Finance Committee.