Legislature(2009 - 2010)
2010-04-17 House JournalFull Journal pdf
2010-04-17 House Journal Page 2407 SB 309 The Finance Committee considered: CS FOR SENATE BILL NO. 309(FIN) "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; relating to interest on certain underpayments or overpayments of the oil and gas production tax; 2010-04-17 House Journal Page 2408 providing a credit against the tax on the production of oil and gas for drilling certain exploration wells in the Cook Inlet sedimentary basin; relating to the use of the oil and gas tax credit fund to purchase certain tax credit certificates; providing for an effective date by amending the effective date for sec. 2, ch. 61, SLA 2003; and providing for an effective date." and recommends it be replaced with: HOUSE CS FOR CS FOR SENATE BILL NO. 309(FIN) (same title) The report was signed by Representatives Stoltze and Hawker, Co- chairs, with the following individual recommendations: Do pass (4): Fairclough, Gara, Stoltze, Hawker No recommendation (5): N. Foster, Joule, Doogan, Thomas, Austerman The following fiscal note(s) apply to HCS CSSB 309(FIN): 2. Indeterminate, Dept. of Natural Resources 3. Indeterminate, Dept. of Revenue CSSB 309(FIN) is on today's calendar.