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1998 SESSION

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HB 753 Severance tax; natural gases.

Introduced by: Jackie T. Stump | all patrons    ...    notes | add to my profiles

SUMMARY:

Severance tax; natural gases. Permits counties and cities to impose a severance tax on the removal of natural gases in an amount of up to two percent of gross receipts and requires that such tax revenues be spent on the development of rural water systems. This is in addition to all other taxes that may be imposed on the severance of coal and natural gases.


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