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HB 600

LA HOUSE

TAX/SEVERANCE TAX: Reduces the rate of severance tax on oil produced from newly completed wells and provides relative to special rates on oil produced from certain limited-production wells (EG DECREASE GF RV See Note)

Introduced by Brett Geymann,
Read by title, ordered engrossed, passed to 3rd reading.
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HB 495

LA HOUSE

TAX/SEVERANCE TAX: Limits the severance tax exemption for gas produced from certain horizontally drilled wells (EG +$24,300,000 GF RV See Note)

Introduced by Brett Geymann,
Read by title, amended, ordered engrossed, passed to 3rd reading.
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