H.B. No. 0070

Tax incentive for value added minerals.

Sponsored By: Representative(s) McOmie, Esquibel and Petersen and Senator(s) Sessions

AN ACT relating to mineral taxation and revenue; providing for an increased severance tax on coal, trona, and crude oil, lease condensate and natural gas; providing a severance tax credit as an incentive to invest in value added projects; creating a committee to certify value added projects; providing definitions, terms and conditions; providing an appropriation; authorizing an additional position; making conforming amendments; and providing for an effective date.

12/31/2002 Bill Number Assigned

1/14/2003 H Received for Introduction

1/16/2003 H Introduced and Referred to H09

3/6/2003 H Indefinitely Postponed