HB 287-A: OIL & GAS TAX CREDIT FUND APPROP.                                                                       
                                                                                                                                
2:56:47 PM                                                                                                                    
                                                                                                                                
CHAIR PATKOTAK announced  that the final order  of business would                                                               
be HOUSE  BILL NO. 287, "An  Act making an appropriation  for oil                                                               
and gas tax credits; and providing for an effective date."                                                                      
                                                                                                                                
2:56:59 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE RAUSCHER, as prime sponsor,  stated that HB 287 is                                                               
important because he  believes the state needs to  pay its debts,                                                               
needs to  keep the  promises it  makes, and  needs to  follow its                                                               
statutes.   [The legislature] needs  to support the state  as far                                                               
as being able to work with  its investors, and it should be known                                                               
in the future that  the state is going to keep  its promises.  He                                                               
urged committee members to vote yes for HB 287.                                                                                 
                                                                                                                                
2:57:50 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE HOPKINS  moved to report  HB 287 out  of committee                                                               
with  individual  recommendations  and  the  accompanying  fiscal                                                               
notes.  There being no objection,  HB 287 was reported out of the                                                               
House Resources Standing Committee.