Legislature(2015 - 2016)

2016-05-17 Senate Journal

Full Journal pdf

2016-05-17                     Senate Journal                      Page 2824
SCR 32                                                                                                                        
SENATE CONCURRENT RESOLUTION NO. 32 BY THE                                                                                      
SENATE FINANCE COMMITTEE,                                                                                                       
          Suspending Rules 24(c), 35, 41(b), and 42(e),                                                                         
          Uniform Rules of the Alaska State Legislature,                                                                        
          concerning House Bill No. 247, amending the                                                                           
          powers of the board of trustees of the Alaska                                                                         
          Retirement Management Board to authorize                                                                              
          purchase and sale of transferable tax credit                                                                          
          certificates issued in conjunction with the                                                                           
          production tax on oil and gas; relating to interest                                                                   
          applicable to delinquent tax; relating to the oil and                                                                 
          gas production tax, tax payments, and credits;                                                                        
          relating to exploration incentive credits; relating to                                                                
          refunds for the gas storage facility tax credit, the                                                                  
          liquefied natural gas storage facility tax credit, and                                                                
          the qualified in-state oil refinery infrastructure                                                                    
          expenditures tax credit; relating to the confidential                                                                 
          information status and public record status of                                                                        
          information in the possession of the Department of                                                                    
          Revenue; relating to oil and gas lease expenditures                                                                   
          and production tax credits for municipal entities;                                                                    
          requiring a bond or cash deposit with a business                                                                      

2016-05-17                     Senate Journal                      Page 2825
          license application for an oil or gas business; and                                                                   
          establishing a legislative working group to study                                                                     
          the fiscal regime and tax structure and rates for oil                                                                 
          and gas produced south of 68 degrees North                                                                            
was read the first time and held on the Secretary's desk.