Louisiana - HB98 - 2017

Repeals the provision tying the Oil Field Site Restoration Fund fee to the payment of severance tax (EN +$1,400,000 SD 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)

  • 03-23-2017 - Prefiled.
  • 03-23-2017 - Under the rules, provisionally referred to the Committee on Natural Resources and Environment.
  • 04-10-2017 - Read by title, under the rules, referred to the Committee on Natural Resources and Environment.
  • 04-26-2017 - Reported with amendments (15-0).
  • 04-27-2017 - Scheduled for floor debate on 05/02/17.
  • 04-27-2017 - Read by title, amended, ordered engrossed, passed to 3rd reading.
  • 05-02-2017 - Read third time by title, roll called on final passage, yeas 98, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.
  • 05-03-2017 - Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
  • 05-08-2017 - Read second time by title and referred to the Committee on Natural Resources.
  • 05-30-2017 - Reported favorably.
  • 05-31-2017 - Read by title. Recommitted to the Committee on Finance.
  • 06-02-2017 - Reported favorably. Rules suspended. Read by title and referred to the Legislative Bureau.
  • 06-02-2017 - Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  • 06-03-2017 - Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 34 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  • 06-04-2017 - 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 93, nays 0. The Senate amendments, having received two-thirds vote of the elected members, were 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. 411.
  • 06-26-2017 - Effective date: 07/01/17.

Votes (3)

DateMotion (click for details)ChamberCommitteeYes
Votes
No
Votes
Other
Votes
Passed
05-02-2017House Vote on HB 98 FINAL PASSAGE (#134)House9806yes
06-03-2017Senate Vote on HB 98 FINAL PASSAGE (#790)Senate3404yes
06-06-2017House Vote on HB 98 CONCUR IN SENATE AMENDMENTS (#821)House93012yes

Sponsors (2)

News (1)

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 ...