AK SCR35

Suspends Rules 24(c), 35, 41(b), and 42(e) of the Uniform Rules of the Alaska State Legislature regarding changes to bill titles for House Bill No. 276

House Bill 276 provides a credit against the oil and gas production tax for costs incurred in conducting seismic exploration and drilling certain oil or natural gas exploration wells in specific basins

Relates to determining the production tax value of oil and gas production

Establishes a special tax rate for new oil or gas production south of 68 degrees North latitude