LA SB406 | 2022 | Regular Session

Louisiana Senate Bill 406 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on March 29 2022 - 25% progression, died in committee
Action: 2022-04-04 - Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
Pending: Senate Revenue & Fiscal Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Reduces the rate of oil severance tax on new wells for three years. (gov sig) (OR -$5,130,000 GF RV See Note)

Title

Reduces the rate of oil severance tax on new wells for three years. (gov sig) (OR -$5,130,000 GF RV See Note)

History

Date	Chamber	Action
2022-04-04	Senate	Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
2022-03-29	Senate	Introduced in the Senate. Read by title and placed on the Calendar for a second reading.

Subjects

TAX/TAXATION

Louisiana State Sources

Type	Source
Summary	https://www.legis.la.gov/legis/BillInfo.aspx?s=22RS&b=SB406&sbi=y
Text	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1263467
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1263468
Supplement	https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1269950