H.B. No. 0054 |
Tax incentive for tertiary production. |
Sponsored
By: Representative(s)
Law, Berger, Childers, Illoway, Latta, Lockhart, Miller, D., and Senator(s)
Hawks
AN ACT relating to taxation and revenue; extending the excise tax
incentive on new tertiary production as specified; requiring report to the
legislature; and providing for an effective date.
12/23/2002 Bill Number
Assigned
1/14/2003 H Received
for Introduction
1/16/2003 H
Introduced and Referred to H03
2/3/2003 H03
Recommended Do Pass
ROLL CALL
Ayes: Representative(s) Anderson, R., Bucholz,
Childers, Cohee, Lockhart, Meyer and Wostenberg
Nays: Representative(s) Johnson, L. and Thompson
Ayes 7 Nays 2 Excused 0 Absent 0
Conflicts 0
2/3/2003 H Placed on
General File
2/4/2003 H Passed
CoW
2/5/2003 H Passed
2nd Reading
2/6/2003 H Passed
3rd Reading
ROLL CALL
Ayes: Representative(s) Anderson, R., Bagby,
Baker, Berger, Brechtel, Buchanan, Bucholz, Childers, Cohee, Cooper, Diercks,
Edwards, Gentile, Hageman, Harshman, Harvey, Hinckley, Iekel, Illoway, Jansen,
Johnson, W., Jones, Jorgensen, Latta, Law, Lockhart, Luthi, Martin, McMurtrey,
McOmie, Meyer, Miller, D., Morgan, Nicholas, Olsen, Osborn, Parady, Petersen,
Powers, Prosser, Reese, Robinson, Ross, Semlek, Simpson, Slater, Walsh, Warren,
Wasserburger and Wostenberg.
Nays: Representative(s) Alden, Boswell, Esquibel,
Gilmore, Johnson, L., Landon, Meuli, Thompson and Tipton.
Excused: Representative(s) Philp
Ayes 50 Nays 9 Excused 1 Absent 0
Conflicts 0
2/6/2003 S Received
for Introduction
2/7/2003 S
Introduced and Referred to S09
2/19/2003 S09
Recommended Do Pass
ROLL CALL
Ayes: Senator(s) Barrasso, Coe, Decaria, Hawks and
Mockler
Ayes 5 Nays 0 Excused 0 Absent 0
Conflicts 0
2/19/2003 S Placed on
General File
2/25/2003 S Passed
CoW
2/26/2003 S
Amendments Considered
HB0054S2001/FC (CORRECTED COPY) FAILED
Page 1-line 17 After
"production" insert "provided if the average monthly price
received on tertiary production as determined by the department of revenue
equals or exceeds twenty-one dollars ($21.00) per barrel for the previous year,
the severance tax exemption is reduced by one percent (1%)". MEIER
ROLL CALL
Ayes: Senator(s) Barton, Boggs, Burns, Caller,
Case, Cathcart, Decaria, Goodenough, Job, Massie, Meier, Schiffer and Scott.
Nays: Senator(s) Anderson, J., Barrasso, Coe,
Devin, Erb, Geis, Hanes, Hawks, Hines, Kunz, Larson, Mockler, Northrup, Peck,
Roberts, Sessions and Vasey.
Ayes 13 Nays 17 Excused 0 Absent 0
Conflicts 0
2/26/2003 S Passed
2nd Reading
2/27/2003 S
Amendments Considered
HB0054S3001/AC (CORRECTED COPY) ADOPTED
Page 1-line 17 After
"production" insert "provided no exemption shall be allowed
under this subsection In those months when the price received by the producer
for the tertiary production equals or exceeds twenty-seven dollars and fifty
cents ($27.50) per barrel".
HAWKS, DECARIA, MEIER
HB0054S3002/F FAILED
Delete the
Decaria Third Reading Amendment (HB0054S3001/AE) entirely and further amend as
follows:
Page 1-line 17 After
"production" insert ", provided if the average monthly price
received on tertiary production as determined by the department of revenue
equals or exceeds twenty-five dollars ($25.00) but is less than thirty dollars
($30.00) per barrel for the previous year, the severance tax exemption is
reduced by one percent (1%). If the
average monthly price received on tertiary production as determined by the
department of revenue equals or exceeds thirty dollars ($30.00) per barrel for
the previous year, no exemption shall be allowed under this subsection". MEIER
2/27/2003 S Passed
3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, J., Barrasso, Barton,
Caller, Coe, Devin, Erb, Geis, Hanes, Hawks, Hines, Kunz, Larson, Meier,
Mockler, Northrup, Peck, Roberts, Sessions and Vasey.
Nays: Senator(s) Boggs, Burns, Case, Cathcart,
Decaria, Goodenough, Job, Massie, Schiffer and Scott.
Ayes 20 Nays 10 Excused 0 Absent 0
Conflicts 0
2/28/2003 H Did
Concur
ROLL CALL
Ayes: Representative(s) Alden, Anderson, R.,
Bagby, Baker, Berger, Boswell, Brechtel, Buchanan, Bucholz, Childers, Cohee,
Cooper, Diercks, Edwards, Esquibel, Gentile, Gilmore, Hageman, Harshman, Harvey,
Hinckley, Iekel, Illoway, Jansen, Johnson, L., Johnson, W., Jones, Jorgensen,
Landon, Latta, Law, Lockhart, Luthi, Martin, McMurtrey, McOmie, Meuli, Meyer,
Miller, D., Morgan, Nicholas, Olsen, Osborn, Parady, Petersen, Philp, Powers,
Prosser, Reese, Robinson, Ross, Semlek, Simpson, Slater, Tipton, Walsh, Warren,
Wasserburger and Wostenberg.
Nays: Representative(s) Thompson
Ayes 59 Nays 1 Excused 0 Absent 0
Conflicts 0
2/28/2003 Assigned
Number HEA 0072
3/1/2003 H Speaker
Signed HEA No. 0072
3/1/2003 S President
Signed HEA No. 0072
3/5/2003 Governor
Signed HEA No. 0072
Chapter No. 0130 Session
Laws of Wyoming 2003.