Bill > HB1636

Introduced Session

An Act To Amend Section 27-25-701, Mississippi Code Of 1972, To Include Carbon Dioxide Within The Definition Of The Term "gas" For Purposes Of The Gas Severance Tax Laws; To Amend Section 27-25-703, Mississippi Code Of 1972, To Remove The Gas Severance Tax Exemption Provided For Gas Lawfully Injected Into The Earth For Cycling, Repressuring, Lifting Or Enhancing The Recovery Of Oil; To Amend Section 27-25-503, Mississippi Code Of 1972, To Authorize A Credit Against The Oil Severance Tax Levied On The Value Of Oil At The Point Of Production On Oil Produced By An Enhanced Oil Recovery Method In Which Carbon Dioxide Is Used; To Provide That The Amount Of The Credit Shall Be The Amount Of Gas Severance Tax Paid On The Carbon Dioxide Used In The Enhanced Oil Recovery Method To Produce The Oil; To Bring Forward Section 27-25-501, Mississippi Code Of 1972, Which Defines Certain Terms Under The Oil Severance Tax Laws, For Purposes Of Amendment; And For Related Purposes.

AI Summary

Committee Categories

Jeramey Anderson (D)*,  Willie Bailey (D)*,  David Baria (D)*,  Donnie Bell (R)*,  Richard Bennett (R)*,  Cecil Brown (D)*,  Charles Busby (R)*,  Credell Calhoun (D)*,  Alyce Clarke (D)*,  William Denny (R)*,  Blaine Eaton (D)*,  Michael Evans (D)*,  Robert Evans (D)*,  Daniel Holland (D)*,  Kevin Horan (R)*,  Robert Huddleston (D)*,  Robert Johnson (D)*,  Hank Lott (R)*,  Steve Massengill (R)*,  Ken Morgan (R)*,  Randall Patterson (R)*,  John Read (R)*,  Randy Rushing (R)*,  Gary Staples (R)*,  Jody Steverson (R)*,  Johnny Stringer (D)*,  Preston Sullivan (D)*,  Sara Thomas (D)*,  Joseph Warren (D)*,  Linda Whittington (D)*,  Charles Young (D)*, 

Died In Committee (on 02/25/2015)

Official Document