04/28/1993 02:55 PM Senate FIN

                                                                               
  SENATE BILL NO. 150                                                          
                                                                               
       An Act providing for oil  and gas exploration licenses,                 
       and oil and gas leases, in  certain areas of the state;                 
       and providing for an effective date.                                    
                                                                               
  Co-chair  Pearce directed  that  SB 150  be  brought on  for                 
  discussion.    Senator Kelly  directed  attention to  a work                 
  draft CSSB  150 (Finance)  (8-GS1012\Q, Chenoweth,  4/27/93)                 
  and MOVED  for adoption.   No objection having  been raised,                 
  the "Q" version of CSSB 150 (Finance) was ADOPTED.                           
                                                                               
  Senator  Kelly next directed attention to  page 11, line 11,                 
  and noted  need to  change "mean  low water"  to "mean  high                 
  water."   He  then MOVED for  adoption of  that change.   No                 
  objection having  been raised,  the motion  CARRIED and  the                 
  Amendment was ADOPTED.                                                       
                                                                               
  Senator Kelly  reference need  for an  additional change  at                 
  page 11 and asked that department staff speak thereto.  MIKE                 
  MANSKER,  Program  Manager,  Industry Preparedness  Program,                 
  Division  of   Spill  Prevention  and  Response,   Dept.  of                 
  Environmental  Conservation,  came  before  committee.    He                 
  directed attention to  lines 22,  25, 28, and  31 and  noted                 
  need to change "operator" to "person" since current statutes                 
  refer to  "person" rather  than "operator."   Senator  Sharp                 
  MOVED for  adoption of  the  proposed language  change.   No                 
  objection having been  raised, the  motion CARRIED, and  the                 
  Amendment was ADOPTED.                                                       
                                                                               
  Co-chair Pearce called for objections to passage of the bill                 
  from committee.   No objection having been raised,  CSSB 150                 
  (Finance) was REPORTED  OUT of committee with a $51.0 fiscal                 
  note from the  Dept. of  Natural Resources and  a zero  note                 
  from the  Dept.  of Revenue.    Co-chair Pearce  signed  the                 
  committee report with a "do  pass" recommendation.  Co-chair                 
  Frank and Senators Kelly, Rieger, and Sharp signed "no rec."                 
  Senator Kerttula  signed "Do not  pass."  Senator  Jacko was                 
  absent and did not sign.