Legislature(2005 - 2006)HOUSE FINANCE 519

07/26/2006 10:00 AM House FINANCE


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
*+ HB3001 OIL/GAS PROD. TAX TELECONFERENCED
Heard & Held
-- Testimony <Invitation Only> --
*+ HB3003 OIL AND GAS TAXES/ADJUSTMENTS/ELF TELECONFERENCED
Scheduled But Not Heard
-- Testimony <Invitation Only> --
*+ HB3004 OIL AND GAS TAX TELECONFERENCED
Heard & Held
-- Testimony <Invitation Only> --
HOUSE BILL NO. 3003                                                                                                           
                                                                                                                                
     An  Act relating  to oil and  gas properties  production                                                                   
     taxes;  providing  for a  production  tax adjustment  to                                                                   
     increase  the amount  of tax  at high  oil prices  and a                                                                   
     production  tax adjustment  to decrease  the tax  on the                                                                   
     production of  heavy oil; providing for  an exclusion of                                                                   
     a certain amount of oil and  gas from the gross value at                                                                   
     the point  of production; relating to  the determination                                                                   
     of  the gross  value  of oil  and gas  at  the point  of                                                                   
     production; and providing for an effective date.                                                                           
                                                                                                                                
10:37:13 AM                                                                                                                   
                                                                                                                                
Representative Croft  noted that he was available  to discuss                                                                   
HB 2003.   Co-Chair  Chenault  stated that  HB 3003 would  be                                                                   
heard at the next scheduled meeting.                                                                                            
                                                                                                                                
HB 3003 was SCHEDULED but not HEARD.                                                                                            
                                                                                                                                

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