Oklahoma - HB 1632 - 2017

Relating to revenue and taxation; amending 68 O.S. 2011, Section 1001, as last amended by Section 1, Chapter 346, O.S.L. 2014 (68 O.S. Supp. 2016, Section 1001), which relates to gross production taxes; modifying tax schedule for the production of oil and natural gas; requiring certain monthly calculation by Tax Commission; requiring use of certain indices in calculation; allowing use of alternative indices in certain instance; requiring monthly posting of calculations by certain days; and providing an effective date.

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Natural Gas Development

Added On: 03-24-2017
Updated On: 07-23-2017
Status: Introduced
Primary Sponsor: Scott Inman (House/Democratic)

Actions (4)

  • 02-06-2017 - Authored by Representative Inman
  • 02-06-2017 - First Reading
  • 02-07-2017 - Second Reading referred to Appropriations and Budget
  • 02-07-2017 - Referred to Appropriations and Budget Finance Subcommittee

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