SENATE BILL NO. 192                                                                                                           
                                                                                                                                
     "An Act relating to the oil and gas production tax;                                                                        
     and providing for an effective date."                                                                                      
                                                                                                                                
Co-Chair Stedman explained that the committee substitute                                                                        
was currently being drafted.                                                                                                    
                                                                                                                                
9:03:17 AM                                                                                                                    
RECESS                                                                                                                          
                                                                                                                                
11:44:49 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
Co-Chair Stedman stated that the committee would meet at                                                                        
1:00 p.m.                                                                                                                       
                                                                                                                                
SB 192 was HEARD and HELD in committee for further                                                                              
consideration.