Legislature(2009 - 2010)

2010-07-09 Senate Journal

Full Journal pdf

2010-07-09                     Senate Journal                      Page 2574
SB 309                                                                                                                        
Message was received stating the Governor signed the following bill                                                             
on May 10 and transmitted the engrossed and enrolled copies to the                                                              
Lieutenant Governor's Office for permanent filing:                                                                              

2010-07-09                     Senate Journal                      Page 2575
       HOUSE CS FOR 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; 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."                                                                                    
                            Chapter 15, SLA 2010                                                                               
                        Effective Date: See Chapter