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2016 SESSION

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SB 563 RS&UT; exemption for materials & equipment used to drill natural gas & oil, sunset provision.

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

SUMMARY AS PASSED SENATE: (all summaries)

Sales and use tax exemption; materials and equipment used to drill natural gas and oil. Extends the sunset from July 1, 2016, to July 1, 2022, for the sales and use tax exemption for machinery and tools, materials, and supplies used to drill, extract, or process natural gas or oil.


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