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26th Legislature(2009-2010)

Bill History/Action for 26th Legislature


BILL: SB 305 SHORT TITLE: SEPARATE OIL & GAS PROD. TAX/ DEDUCTIONS
BILL VERSION: HCS CSSB 305(FIN)
CURRENT STATUS: VETOED BY GOVERNOR STATUS DATE: 04/29/10
SPONSOR(S): FINANCE

TITLE: "An Act providing that the tax rate applicable to the production of oil as the average production tax value of oil, gas produced in the Cook Inlet sedimentary basin, and gas produced outside of the Cook Inlet sedimentary basin and used in the state increases above $30 shall be 0.4 percent multiplied by the number that represents the difference between that average monthly production tax value and $30, or the sum of 25 percent and the product of 0.1 percent multiplied by the number that represents the difference between that average monthly production tax value and $92.50, except that the total rate determined in the calculation may not exceed 50 percent; providing for an increase in the rate of tax on the production of gas as the average production tax value on a BTU equivalent barrel basis of gas produced outside of the Cook Inlet sedimentary basin and not used in the state increases above $30; relating to payments of the oil and gas production tax; relating to the lease expenditures that may be deducted when determining production tax value; relating to availability of a portion of the money received from the tax on oil and gas production for appropriation to the community revenue sharing fund; relating to the allocation of lease expenditures and adjustments to lease expenditures; and providing for an effective date."

Bill Number:
Jrn-DateJrn-PageAction
03/08/101741(S)READ THE FIRST TIME - REFERRALS
03/08/101741(S)FIN
03/31/102044(S)FIN RPT CS 6DP 1AM NEW TITLE
03/31/102044(S)DP: HOFFMAN, STEDMAN, THOMAS, EGAN, OLSON, ELLIS
03/31/102044(S)AM: HUGGINS
03/31/102044(S)FN1: ZERO(S.FIN/REV)
04/01/102067(S)RULES TO CALENDAR 4/1/2010
04/01/102067(S)READ THE SECOND TIME
04/01/102067(S)FIN CS ADOPTED UNAN CONSENT
04/01/102067(S)AM NO 1 ADOPTED UNAN CONSENT
04/01/102067(S)...CHANGES TITLE OF LEGISLATION
04/01/102067(S)ADVANCED TO THIRD READING UNAN CONSENT
04/01/102067(S)READ THE THIRD TIME CSSB 305(FIN)(TITLE AM)
04/01/102067(S)PASSED Y16 N3 E1
04/01/102069(S)EFFECTIVE DATE(S) SAME AS PASSAGE
04/01/102069(S)BUNDE NOTICE OF RECONSIDERATION
04/01/102070(S)RECON TAKEN UP SAME DAY Y17 N1 E1 A1
04/01/102071(S)PASSED ON RECONSIDERATION Y15 N3 E1 A1
04/01/102071(S)EFFECTIVE DATE(S) SAME AS PASSAGE
04/01/102077(S)TRANSMITTED TO (H)
04/01/102077(S)VERSION: CSSB 305(FIN)(TITLE AM)
04/05/102013(H)READ THE FIRST TIME - REFERRALS
04/05/102013(H)RES, FIN
04/13/102235(H)RES RPT HCS(RES) NT 2DP 5NR 2AM
04/13/102235(H)TITLE CHANGE: HCR 29
04/13/102235(H)DP: OLSON, NEUMAN
04/13/102235(H)NR: GUTTENBERG, EDGMON, TUCK, P.WILSON, JOHNSON
04/13/102235(H)AM: KAWASAKI, SEATON
04/13/102236(H)FN1: ZERO(S.FIN/REV)
04/16/102381(H)FIN RPT HCS(FIN) NT 1DP 10NR
04/16/102381(H)TITLE CHANGE: HCR 29
04/16/102381(H)DP: GARA
04/16/102381(H)NR: THOMAS, DOOGAN, N.FOSTER, AUSTERMAN, KELLY, FAIRCLOUGH, JOULE, SALMON,
04/16/102381(H)STOLTZE, HAWKER
04/16/102383(H)FN2: (REV)
04/17/102422(H)RULES TO CALENDAR 4/17/2010
04/17/102422(H)READ THE SECOND TIME
04/17/102423(H)FIN HCS ADOPTED UNAN CONSENT
04/17/102424(H)ADVANCED TO THIRD READING 4/18 CALENDAR
04/18/102477(H)READ THE THIRD TIME HCS CSSB 305(FIN)
04/18/102478(H)FAILED PASSAGE Y19 N21
04/18/102509(H)RESCIND ACTION FAILING PASSAGE Y26 N14
04/18/102510(H)PASSED Y23 N17
04/18/102511(H)EFFECTIVE DATE(S) ADOPTED Y40
04/18/102556(H)TRANSMITTED TO (S) AS AMENDED
04/18/102556(H)VERSION: HCS CSSB 305(FIN)
04/18/102528(S)CONCUR MESSAGE READ AND TAKEN UP
04/18/102528(S)CONCUR AM OF (H) Y18 N2
04/18/102528(S)EFFECTIVE DATE(S) SAME AS PASSAGE
07/09/102564(S)4:21 PM 4/21/10 TRANSMITTED TO GOVERNOR
07/09/102618(S)VETOED BY GOVERNOR 4/29/10

Similar Subject Match or Exact Subject Match
MUNICIPALITIES
OIL & GAS
REVENUE SHARING
TAXATION