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Recent House Bill Activity 03-07-11: HB 110 : Production Tax On Oil And Gas

Sponsored by the House Rules by request of the Governor
An Act relating to the interest rate applicable to certain amounts due
for fees, taxes, and payments made and property delivered to the
Department of Revenue; relating to the oil and gas production tax rate;
relating to monthly installment payments of estimated oil and gas
production tax; relating to oil and gas production tax credits,
including qualified capital credits for exploration, development, and
production; relating to certain additional nontransferable oil and gas
production tax credits; relating to the determination of oil and gas
production tax values; relating to the disclosure of certain tax
information; making conforming amendments; and providing for an
effective date.

Status: (H) RES >> (H) FIN

Sponsor Statement: http://www.legis.state.ak.us/basis/get_jrn_page.asp?session=27&bill=HB110&jrn=0059&hse=H

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