MS HB1636 | 2015 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on February 25 2015 - 100% progression
Action: 2015-02-25 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on February 25 2015 - 100% progression
Action: 2015-02-25 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-25-701, Mississippi Code Of 1972, To Include Carbon Dioxide Within The Definition Of The Term "gas" For Purposes Of The Gas Severance Tax Laws; To Amend Section 27-25-703, Mississippi Code Of 1972, To Remove The Gas Severance Tax Exemption Provided For Gas Lawfully Injected Into The Earth For Cycling, Repressuring, Lifting Or Enhancing The Recovery Of Oil; To Amend Section 27-25-503, Mississippi Code Of 1972, To Authorize A Credit Against The Oil Severance Tax Levied On The Value Of Oil At The Point Of Production On Oil Produced By An Enhanced Oil Recovery Method In Which Carbon Dioxide Is Used; To Provide That The Amount Of The Credit Shall Be The Amount Of Gas Severance Tax Paid On The Carbon Dioxide Used In The Enhanced Oil Recovery Method To Produce The Oil; To Bring Forward Section 27-25-501, Mississippi Code Of 1972, Which Defines Certain Terms Under The Oil Severance Tax Laws, For Purposes Of Amendment; And For Related Purposes.
Title
Gas severance tax; include carbon dioxide within definition of gas and remove certain exemptions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-25 | House | Died In Committee |
| 2015-02-24 | House | Referred To Energy |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2015/pdf/history/HB/HB1636.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2015/html/HB/1600-1699/HB1636IN.htm |
