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2006 SESSION

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SB 714 Retail Sales and Use Tax; exemptions for extraction and processing of natural gas and oil.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Retail sales and use tax; commercial and industrial exemptions.  Makes permanent certain retail sales and use tax exemptions related to the refining and processing of oil and natural gas and extend the sunset for exemption related to extraction and processing of natural gas and oil from July 1, 2006, to July 1, 2011.


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