04/21/1993 04:25 PM Senate FIN

                                                                               
  CS FOR SENATE BILL NO. 150(O&G):                                             
                                                                               
       An Act relating to oil and gas exploration licenses and                 
       to oil and  gas leases in  certain areas of the  state,                 
       and to  the proof of financial  responsibility required                 
                                                                               
                                                                               
       for operation of on-shore facilities for the production                 
       of  crude  oil  and  associated  hydrocarbons  and  for                 
       exploration for  oil and gas and  related hydrocarbons;                 
       and providing for an effective date.                                    
                                                                               
  Co-chair Peace announced  that CSSB 150(O&G) work  draft "D"                 
  was adopted in  the morning portion  of the meeting and  was                 
  before the committee again.                                                  
                                                                               
  Senator  Rieger  MOVED for  adoption  of amendment  #7 dated                 
  April 21, 1993 (copy on file).  Senator Sharp OBJECTED.  Co-                 
  chair Pearce asked for  a show of hands.  The  motion FAILED                 
  on a vote  of 3 to 4.   (Senators Frank, Pearce,  Jacko, and                 
  Sharp were opposed. Senators Rieger, Kerttula and Kelly were                 
  in support.)                                                                 
                                                                               
  Co-chair Pearce  spoke to  Senator Kerttula's  concern about                 
  the definition of "on-shore."  She said that there seemed to                 
  be a disagreement between the Dept. of Natural Resources and                 
  the Dept.  of Law regarding  interpretation.  She  said that                 
  she would support an amendment on  the floor to address this                 
  concern.  Senator Kerttula said that was satisfactory.                       
                                                                               
  Co-chair  Pearce  MOVED  for  adoption  of amendment  #6  by                 
  Senator Sharp pending from  a prior meeting (copy  on file).                 
  No objections being raised, it was ADOPTED.                                  
                                                                               
  Senator Sharp MOVED  that CSSB 150(FIN) as amended pass from                 
  committee  with accompanying  fiscal notes.    Senator Kelly                 
  OBJECTED.  Senator  Kelly stated that  he was in support  of                 
  the  concept of  the  bill but  felt  the bill  had  no real                 
  substance.  Co-chair Pearce asked Senator Kelly if he wanted                 
  the bill in a subcommittee.  Senator Kelly agreed.                           
                                                                               
  Co-chair  Pearce  announced that  CSSB  150(FIN)  as amended                 
  would be HELD in committee.