Loading chat...

TN HB1881

Bill

Official Source

Status

Introduced

1/19/2016

Primary Sponsor

Dennis Powers

Click for details

Origin

House of Representatives

109th General Assembly

AI Summary

Legislative Description

As introduced, reallocates all oil and gas severance tax revenue to the county in which the oil or gas well was located, less collection and administration costs retained by the department of revenue; currently, the county in which the well was located receives 1/3 of revenue and the state receives the other 2/3. - Amends TCA Title 60, Chapter 1, Part 3.

Taxes, Severance

Last Action

Taken off notice for cal in s/c Finance, Ways & Means Subcommittee of Finance, Ways & Means Committee

4/18/2016

Committee Referrals

Finance, Ways & Means Subcommittee2/3/2016
Finance, Ways & Means1/21/2016

Full Bill Text

No bill text available