Key Votes
SCS CSHB 2001 - Oil and Gas Production Tax - Key Vote
Alaska Key Votes
Stages
- Dec. 28, 2007 Executive Signed
- Nov. 16, 2007 House Concurrence Vote Passed
- Nov. 16, 2007 Senate Bill Passed
- Nov. 15, 2007 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - Dec. 28, 2007
Title: Oil and Gas Production Tax
Signed by Governor Sarah Palin
Legislation - Concurrence Vote Passed (House) (26-13) - Nov. 16, 2007 (Key vote)
Title: Oil and Gas Production Tax
Vote Smart's Synopsis:
Vote to pass a bill that increases the production tax on gas and oil companies to 25 percent.
Highlights:
-Establishes a standard deduction for oil companies based on the producer's operating expenses (Sec. 62).
-Allows producers to receive a tax credit equal to 30 or 40 percent of their exploration expenditures (Sec. 36).
Legislation - Bill Passed (Senate) (14-5) - Nov. 16, 2007 (Key vote)
Title: Oil and Gas Production Tax
Vote Smart's Synopsis:
Vote to pass a bill that increases the production tax on gas and oil companies to 25 percent.
Highlights:
-Establishes a standard deduction for oil companies based on the producer's operating expenses (Sec. 62).
-Allows producers to receive a tax credit equal to 30 or 40 percent of their exploration expenditures (Sec. 36).
Note:
NOTE: THIS VOTE RECONSIDERS A PREVIOUS VOTE.
Legislation - Introduced (Senate) - Nov. 15, 2007
Title: Oil and Gas Production Tax
Committee Sponsors
- Finance (Sponsor)
