- As originally proposed, provided tax incentive for the refineries to expedite the production of Tier 3 gas & rural areas to build infrastructure for industrial, mining,manufacturing, or agriculture activity in Utah. Tesoro committed to Tier 3 in 2013, without this funding source.
- Amended last day to remove refinery piece, due to lack of funding.
Sponsors
- Sen. Ralph Oakerlund, R - Monroe
- Rep Francis Gibson, R-Mapleton
Results
- This complicated bill was passed last year, but lacked some necessary elements. This revision gives rule-making authority to Office of Energy Development, gives OED the chairmanship of the Board, and increases the rural representation of the board.
- 3/10 after discovery there was no funding for this bill, the House substituted bill, removing refinery tax credit, retained OED & Board revisions. House 72-0-3, Senate Concurence 26-1-2. Plan to continue to work on refinery piece.
- 3/9 House 64-4-7, nays Briscoe, McCay, Roberts, Romero.
- 3/7 Unanimous 9-0-2 Hearing House Public Utilities & Technology Committee
- Passed Senate Feb 23, 27-1-1, Mar 3, 23-1-5. Nay, Dabakis
- Heard in Sen. Transportation, Public Utilities & Technology Committee 2/1 l: Spoke for the bill Stephen Styler, Gov's Rural Partnership, [former] Sen. John Valentine, Utah State Tax Commission, & Lee Peacock, Utah Petroleum Association. Passed 4 - 0 - 2.
- To Gov for signature after substituted to remove tax credits for Tier 3 fuel, due to lack of funding.
- fn $4,100 DAQ permit revisions. Doesn't count lost tax revenues,
- $14M ?
