Legislature(2015 - 2016)

2016-05-18 Senate Journal

Full Journal pdf

2016-05-18                     Senate Journal                      Page 2897
SCR 32                                                                                                                        
SENATE CONCURRENT RESOLUTION NO. 32 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                                                            
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 latitude,                                                          
was engrossed, signed by the President and Secretary and transmitted                                                            
to the House for consideration.