H.B. No. 0070 Tax incentive for value added minerals.
Sponsored by: Representative(s) McOmie
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.
Note: To view the Bill as prepared for Introduction please click the Bill Number Link above.