MS SB2955 | 2012 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on March 28 2012 - 100% progression
Action: 2012-03-28 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-65-19, Mississippi Code Of 1972, To Provide That The Sale Of Electricity, Current, Power, Steam, Coal, Natural Gas, Liquefied Petroleum Gas Or Other Fuel To A Producer Of Oil And Gas For Use Directly In Enhanced Oil Recovery Projects And The Permanent Sequestration Of Carbon Dioxide In A Geological Formation Shall Be Taxed At The Rate Of 1-1/2%; And For Related Purposes.

Tracking Information

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Title

Sales tax; reduce rate on power & fuel sold to a producer of oil and gas for use in oil recovery and the sequestration of CO2.

Sponsors


History

DateChamberAction
2012-03-28 Died In Committee
2012-03-19 Referred To Energy;Finance

Mississippi State Sources


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