2023-05-16                     House Journal                      Page 1125
SB 48                                                                                                                         
The Finance Committee considered:                                                                                               
                                                                                                                                
     CS FOR SENATE BILL NO. 48(FIN)                                                                                             
     "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."                                                                                                                     
                                                                                                                                
The report was signed by Representatives Edgmon, D. Johnson, and                                                                
Foster, Co-chairs, with the following individual recommendations:                                                               
                                                                                                                                
Do pass (8):  Tomaszewski, Cronk, Coulombe, Stapp, Galvin,                                                                      
Edgmon, D. Johnson, Foster                                                                                                      
                                                                                                                                
No recommendation (3):  Ortiz, Hannan, Josephson                                                                                
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
7. Fiscal, Dept. of Commerce, Community, & Economic                                                                             
     Development                                                                                                                
8. Indeterminate, Dept. of Commerce, Community, & Economic                                                                      
     Development                                                                                                                

2023-05-16                     House Journal                      Page 1126
9. Fiscal, Dept. of Natural Resources                                                                                           
10. Fiscal, Dept. of Natural Resources                                                                                          
11. Fiscal, Dept. of Natural Resources                                                                                          
                                                                                                                                
CSSB 48(FIN) is on today's calendar.