2023-05-05                     Senate Journal                      Page 0972
SB 48                                                                                                                         
The Resources Committee considered SENATE BILL NO. 48 "An                                                                       
Act 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; and providing                                                        
for an effective date" and recommended it be replaced with                                                                      
                                                                                                                                
          CS FOR SENATE BILL NO. 48(RES) "An Act                                                                                
          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."                                                                   
                                                                                                                                
Signing do pass: Senator Giessel, Cochair. Signing amend: Senator                                                               
Bishop, Cochair; Senators Claman, Wielechowski, Kaufman. Signing                                                                
no recommendation: Senators Kawasaki, Dunbar.                                                                                   
                                                                                                                                

2023-05-05                     Senate Journal                      Page 0973
The following fiscal information was published today:                                                                           
 Fiscal Note No. 4, Department of Natural Resources                                                                             
 Fiscal Note No. 5, Department of Natural Resources                                                                             
 Fiscal Note No. 6, Department of Natural Resources                                                                             
                                                                                                                                
The bill was referred to the Finance Committee.