NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Reduces severance tax rates on oil and gas produced from inactive wells and orphan wells (EN -$900,000 GF RV See Note)

Spectrum: Partisan Bill (Republican 4-0)

Status: (Passed) 2024-06-19 - Effective date: 10/01/2024. [HB418 Detail]

Download: Louisiana-2024-HB418-Introduced.pdf

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