Louisiana - HB461 - 2017

Provides for severance tax exemptions for certain inactive and orphan wells (EN DECREASE GF RV See Note)

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Natural Gas Development

Added On: 04-30-2017
Updated On: 06-25-2017
Status: Enacted
Primary Sponsor: Stuart Bishop (Republican)

Actions (22)

  • 03-31-2017 - Under the rules, provisionally referred to the Committee on Ways and Means.
  • 03-31-2017 - Prefiled.
  • 04-10-2017 - Read by title, under the rules, referred to the Committee on Ways and Means.
  • 05-15-2017 - Reported with amendments (17-0).
  • 05-16-2017 - Read by title, amended, ordered engrossed, passed to 3rd reading.
  • 05-18-2017 - Scheduled for floor debate on 05/23/17.
  • 05-23-2017 - Read third time by title, amended, roll called on final passage, yeas 97, nays 0. Finally passed, title adopted, ordered to the Senate.
  • 05-24-2017 - Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
  • 05-30-2017 - Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
  • 06-01-2017 - Rules suspended. Reported with amendments.
  • 06-01-2017 - Rules suspended.
  • 06-01-2017 - Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
  • 06-01-2017 - Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  • 06-02-2017 - Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 33 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  • 06-02-2017 - Received from the Senate with amendments.
  • 06-05-2017 - Scheduled for concurrence on 06/06/17.
  • 06-06-2017 - Read by title, roll called, yeas 98, nays 0, Senate amendments concurred in.
  • 06-07-2017 - Enrolled and signed by the Speaker of the House.
  • 06-07-2017 - Signed by the President of the Senate.
  • 06-07-2017 - Sent to the Governor for executive approval.
  • 06-26-2017 - Signed by the Governor. Becomes Act No. 421.
  • 06-26-2017 - Effective date: 08/01/17.

Votes (3)

DateMotion (click for details)ChamberCommitteeYes
05-23-2017House Vote on HB 461 FINAL PASSAGE (#401)House9708yes
06-02-2017Senate Vote on HB 461 FINAL PASSAGE (#687)Senate3305yes
06-06-2017House Vote on HB 461 CONCUR IN SENATE AMENDMENTS (#811)House9807yes

Sponsors (37)

News (2)

Bill would cut taxes for fossil fuel producers reviving dormant wells - New Orleans CityBusiness (blog)
Published by neworleanscitybusiness.com
Tue, 23 May 2017 15:54:36 GMT

Oil and gas producers are supporting a bill in the state Legislature that would provide a tax incentive to reactivate wells made dormant by the three-year downturn in prices, saying it will help revive production, bring in tax revenue and stem the ...

BRIGGS: A Step To Reignite Louisiana's Oil And Gas Industry - The Hayride
Published by thehayride.com
Thu, 29 Jun 2017 18:02:22 GMT

The Chairman of the House Natural Resources and Environment Committee, Representative Stuart Bishop (R- Lafayette), filed House Bill 461 at the request of the Louisiana Oil and Gas Association (LOGA). ... The incentive reduces the severance tax for 10 ...