SENATE BILL NO. 309                                                                                                           
                                                                                                                                
     "An  Act amending  and  extending  the exploration  and                                                                    
     development incentive  tax credit under the  Alaska Net                                                                    
     Income  Tax  Act  for operators  and  working  interest                                                                    
     owners  directly engaged  in  the  exploration for  and                                                                    
     development  of gas  from a  lease or  property in  the                                                                    
     state; providing for an effective  date by amending the                                                                    
     effective  date  for sec.  2,  ch.  61, SLA  2003;  and                                                                    
     providing for an effective date."                                                                                          
                                                                                                                                
     SB 309 was SCHEDULED but not HEARD.