Bill Text | History of Actions | Amendments | Background | Title |
Description: Ad valorem tax; continue exclusion of carbon dioxide from definition of gas and continue exemption for carbon dioxide.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 02/17 (H) Referred To Oil, Gas and Other Minerals;Ways and Means | |
| 2 | 02/24 (H) DR - TSDP: OG To WM | |
| 3 | 02/24 (H) DR - TSDP: WM To OG | |
| 4 | 02/24 (H) Title Suff Do Pass | |
| 5 | 02/25 (H) Passed | |
| 6 | 02/26 (H) Transmitted To Senate | |
| 7 | 02/27 (S) Referred To Oil, Gas and Other Minerals;Finance | |
| 8 | 03/29 (S) DR - TSDP: OG To FI | |
| 9 | 04/14 (S) DR - TSDPAA: FI To OG | |
| 10 | 04/15 (S) Title Suff Do Pass As Amended | |
| 11 | 04/19 (S) Amended | |
| 12 | 04/19 (S) Passed As Amended | |
| 13 | 04/20 (S) Returned For Concurrence | |
| 14 | 04/22 (H) Concurred in Amend From Senate | |
| 15 | 04/27 (H) Enrolled Bill Signed | |
| 16 | 04/27 (S) Enrolled Bill Signed | |
| 17 | 05/04 Approved by Governor |
| Adopted | [S] | Committee Amendment No 1 |
| [S] | Amendment Report for House Bill No. 1062 |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths | |
| Chapter number | 496 |
House Committees:
Senate Committees:
Principal Author: Reeves
Additional Authors: Smith (39th), Robinson (84th), Taylor, Moore, Staples, Reynolds, Moak, Scott
Code Sections: A 027-0025-0701, A 027-0025-0703, A 027-0025-0721
Title: AN ACT TO AMEND SECTIONS 27-25-701 AND 27-25-703, MISSISSIPPI CODE OF 1972, TO CONTINUE THE EXCLUSION OF CARBON DIOXIDE FROM THE DEFINITION OF THE TERM "GAS" IN THE LAW PROVIDING FOR THE TAXATION OF SEVERED GAS; TO PROVIDE THAT ANY WELL WHICH BEGINS COMMERCIAL PRODUCTION OF OCCLUDED NATURAL GAS FROM COAL SEAMS ON OR AFTER JULY 1, 2004, AND BEFORE JULY 1, 2007, SHALL BE TAXED AT THE RATE OF 3% OF THE GROSS VALUE OF THE OCCLUDED NATURAL GAS FROM COAL SEAMS AT THE POINT OF PRODUCTION FOR A PERIOD OF 5 YEARS BEGINNING ON THE DATE OF THE FIRST SALE OF PRODUCTION FROM SUCH WELL; TO AMEND SECTION 27-25-721, MISSISSIPPI CODE OF 1972, TO CONTINUE THE AD VALOREM TAX EXEMPTION FOR CARBON DIOXIDE AND CARBON DIOXIDE PRODUCTION EQUIPMENT; AND FOR RELATED PURPOSES.
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2004/html/History/HB/HB1062.htm