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OK SB1850

Bill

Official Source

Status

Introduced

2/3/2014

Primary Sponsor

Bryce Marlatt

Click for details

Origin

Senate

2014 Regular Session

AI Summary

SB 1850 Summary

  • Amends 68 O.S. 2011, Section 1001.2 to update the definition section of the Gross Production Tax Code

  • Changes reference from "this article" to "the Gross Production Tax Code" in the definitions provision

  • Maintains existing definitions for gas (natural gas or casinghead gas), lease, oil (petroleum or crude mineral oil), and person

  • Effective November 1, 2014

Legislative Description

Gross production tax; updating references. Effective date.

Revenue and Taxation

Last Action

Second Reading referred to Rules

2/4/2014

Committee Referrals

Rules2/4/2014

Full Bill Text

No bill text available