Legislature(2009 - 2010)

2009-03-19 House Journal

Full Journal pdf

2009-03-19                     House Journal                      Page 0528
HB 189                                                                                                                        
Speaker pro tempore Johansen added a House Special Committee on                                                                 
Energy referral to follow the Resources Committee referral and                                                                  
precede the Finance Committee referral for the following:                                                                       
    HOUSE BILL NO. 189                                                                                                          
    "An Act eliminating the concluding date that applies to calculate a                                                         
    producer's total lease expenditures for purposes of administration                                                          
    of the oil and gas production tax during the initial years of that                                                          
    tax, thereby allowing an indefinite continuation of a special                                                               
    formula to determine the amount of lease expenditures that may                                                              
    be taken as a deduction when computing the production tax value                                                             
    of oil and gas; and providing for an effective date."                                                                       
HB 189 is in the Resources Committee.