Relating to a severance tax exemption for oil and gas produced from certain previously inactive restimulation wells; providing a civil penalty.

Where it is in the process

Plain-English Summary

Source: OpenStates · fetched June 20, 2025

Who it affects

W-2 worker (non-union)indirect

May experience increased job security or opportunities in the oil and gas sector due to potential expansion of production from restimulation wells.

AI-extracted

Who This AffectsAI analysis

W-2 worker (non-union)indirectModerate impactMedium certainty
May experience increased job security or opportunities in the oil and gas sector due to potential expansion of production from restimulation wells.
“Relating to a severance tax exemption for oil and gas produced from certain previously inactive restimulation wells”· Relating to a severance tax exemption for oil and gas produced from certain previously inactive restimulation wells

What the Bill Does

Establishes a severance tax exemption for oil and gas from certain previously inactive restimulation wells.
Provides for a civil penalty related to this exemption.

Votes

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