2026-05-08                     House Journal                      Page 2455
HB 271                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    HOUSE BILL NO. 271                                                                                                          
    "An Act relating to the royalty rate for the Kitchen Lights Unit;                                                           
    and providing for an effective date."                                                                                       
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 271(FIN)                                                                                              
    "An Act relating to the royalty rate for leases within the Cook                                                             
    Inlet sedimentary basin; relating to a report on leases receiving                                                           
    royalty relief; and providing for an effective date."                                                                       
                                                                                                                                

2026-05-08                     House Journal                      Page 2456
The report was signed by Representatives Schrage, Josephson, and                                                                
Foster, Co-chairs, with the following individual recommendations:                                                               
                                                                                                                                
Do pass (3):  Moore, Stapp, Schrage                                                                                             
                                                                                                                                
Do not pass (4):  Jimmie, Galvin, Hannan, Foster                                                                                
                                                                                                                                
No recommendation (2):  Tomaszewski, Allard                                                                                     
                                                                                                                                
Amend (2):  Bynum, Josephson                                                                                                    
                                                                                                                                
The following fiscal note(s) apply to CSHB 271(FIN):                                                                            
                                                                                                                                
1. Fiscal, Dept. of Natural Resources                                                                                           
                                                                                                                                
HB 271 was referred to the Rules Committee.