04/13/2012 09:00 AM Senate FINANCE

CS FOR HOUSE BILL NO. 298(FIN)                                                                                                
                                                                                                                                
     "An Act exempting quarry rock, sand and gravel, and                                                                        
     marketable earth mining operations from the mining                                                                         
    license tax; and providing for an effective date."                                                                          
                                                                                                                                
9:25:21 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE PAUL  SEATON, explained  that the  bill would                                                                    
exempt  the   mining  license  tax  from   sand  and  gravel                                                                    
operations.                                                                                                                     
                                                                                                                                
9:25:35 AM                                                                                                                    
                                                                                                                                
Co-Chair Stedman discussed the fiscal notes in the packet.                                                                      
                                                                                                                                
9:25:45 AM                                                                                                                    
                                                                                                                                
Co-Chair  Hoffman  MOVED  to report  CSHB  298(FIN)  out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal notes. There  being NO OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
9:25:54 AM                                                                                                                    
                                                                                                                                
CSHB  298(FIN) was  REPORTED  out of  committee  with a  "do                                                                    
pass" recommendation  and with  a previously  published zero                                                                    
fiscal  note: FN1(DNR),  and a  previously published  fiscal                                                                    
impact note: FN3(DOR).