Louisiana · HB600

TAX/SEVERANCE TAX: Reduces the rate of severance tax on oil produced from newly completed wells and provides relative to specia

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Stage 6 of 6Signature

1
Sponsors: 3
Votes: Jun 11 ’25
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Written by AI from the bill text. Check the official text before relying on it.

Description

TAX/SEVERANCE TAX: Reduces the rate of severance tax on oil produced from newly completed wells and provides relative to special rates on oil produced from certain limited-production wells (EN DECREASE GF RV See Note)

Progress

Became lawJun 11, 2025
Passed both chambersJun 10, 2025
PassedJun 8, 2025
Sent to committeeJun 4, 2025

From official state and federal legislative records. Informational only, not legal advice.