AK SCR12

Suspends Rules 24(c), 35, 41(b), and 42(e) of the Uniform Rules of the Alaska State Legislature to allow consideration of House Bill No. 111

Allows HB 111 to proceed without standard requirements regarding changes to bill titles

HB 111 addresses oil and gas production tax, tax payments, and credits

HB 111 modifies interest rates on delinquent oil and gas production taxes

HB 111 limits carried-forward lease expenditures to an amount equal to the gross value at the point of production of oil and gas from the lease where expenditures occurred

HB 111 requires public disclosure of information concerning tax credits, lease expenditures, and oil and gas taxes

HB 111 establishes a legislative working group and adjustments to gross value calculations at the point of production