[Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
History of Actions | Amendments | Background | Title |
Description: Severance tax; extend repealer on "new" oil and gas.
| 1 | 01/07/99 | (S) | Referred To Finance | |
| 2 | 02/02/99 | (S) | Title Suff Do Pass Comm Sub | |
| 3 | 02/04/99 | (S) | Committee Substitute Adopted | |
| 4 | 02/04/99 | (S) | Passed | |
| 5 | 02/08/99 | (S) | Transmitted To House | |
| 6 | 02/08/99 | (H) | Referred To Ways and Means | |
| 7 | 03/02/99 | (H) | Title Suff Do Pass As Amended | |
| 8 | 03/10/99 | (H) | Amended | |
| 9 | 03/10/99 | (H) | Passed As Amended | |
| 10 | 03/11/99 | (H) | Returned For Concurrence | |
| 11 | 03/19/99 | (S) | Decline to Concur/Invite Conf | |
| 12 | 03/27/99 | (S) | Conferees Named Bryan,Harden,Tollison | |
| 13 | 03/27/99 | (H) | Conferees Named Moak,Rogers,Simpson | |
| 14 | 03/28/99 | (S) | Conference Report Filed | |
| 15 | 03/28/99 | (H) | Conference Report Filed | |
| 16 | 03/29/99 | (H) | Conference Report Adopted | |
| 17 | 03/30/99 | (S) | Conference Report Adopted | |
| 18 | 04/07/99 | (S) | Enrolled Bill Signed | |
| 19 | 04/07/99 | (H) | Enrolled Bill Signed | |
| 20 | 04/15/99 | Approved by Governor |
| Adopted | [H] | Amendment No 1 |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No | |
| Chapter number | 523 |
Senate Committee:
House Committee:
Principal Author: Dearing
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 TWO-YEAR INACTIVE WELLS; TO PROVIDE THAT CERTAIN PRODUCTION FROM DISCOVERY WELLS SHALL BE TAXED AT A REDUCED RATE; TO EXTEND THE REDUCED RATE OF OIL SEVERANCE TAX ON CERTAIN PRODUCTION FROM DEVELOPMENT WELLS AND REPLACEMENT WELLS; TO PROVIDE THAT THE OWNER OF CERTAIN MARGINAL WELLS MAY RECEIVE A REFUND OF A CERTAIN AMOUNT OF THE SEVERANCE TAXES PAID ON OIL FROM SUCH WELL UNDER CERTAIN CIRCUMSTANCES; TO AMEND SECTION 27-25-703, MISSISSIPPI CODE OF 1972, TO EXTEND THE EXEMPTION FROM GAS SEVERANCE TAX ON CERTAIN PRODUCTION FROM TWO-YEAR INACTIVE WELLS; TO PROVIDE THAT CERTAIN PRODUCTION FROM DISCOVERY WELLS SHALL BE TAXED AT A REDUCED RATE; 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
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