History of Actions | Amendments | Background | Title |
Description: Oil and gas severance tax; extend exemption and reduced rate of tax on certain production.
| 1 | 01/06/99 | (H) | Referred To Ways and Means | |
| 2 | 01/21/99 | (H) | Title Suff Do Pass As Amended | |
| 3 | 01/25/99 | (H) | Amended | |
| 4 | 01/25/99 | (H) | Passed As Amended | |
| 5 | 01/27/99 | (H) | Transmitted To Senate | |
| 6 | 01/27/99 | (S) | Referred To Finance | |
| 7 | 03/02/99 | (S) | Died In Committee |
| Adopted | [H] | Amendment No 1 |
| Effective date | January 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committee:
Senate Committee:
Principal Author: Ford
Code Sections: A 027-0025-0503, A 027-0025-0703
Title: AN ACT TO AMEND SECTION 27-25-503, MISSISSIPPI CODE OF 1972, TO EXTEND THE EXEMPTION FROM OIL SEVERANCE TAX ON CERTAIN PRODUCTION FROM DISCOVERY WELLS AND PRODUCTION FROM TWO-YEAR INACTIVE WELLS; TO EXTEND THE REDUCED RATE OF OIL SEVERANCE TAX ON CERTAIN PRODUCTION FROM DEVELOPMENT WELLS AND REPLACEMENT WELLS; TO AMEND SECTION 27-25-703, MISSISSIPPI CODE OF 1972, TO EXTEND THE EXEMPTION FROM GAS SEVERANCE TAX ON CERTAIN PRODUCTION FROM DISCOVERY WELLS AND PRODUCTION FROM TWO-YEAR INACTIVE WELLS; TO EXTEND THE REDUCED RATE OF GAS SEVERANCE TAX ON CERTAIN PRODUCTION FROM DEVELOPMENT WELLS AND REPLACEMENT WELLS; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB0552.htm