SB 768 Natural Gas Severance Tax and Impact Fund

About SB-768

Imposing a tax on the removal of natural gas from natural gas wells in the State; providing for the calculation of the tax; setting the rate of the tax; providing for the administration of the tax by the Comptroller; requiring persons subject to the tax to file returns and keep and make available specified records and information; providing for the distribution of revenue from the tax; establishing the Natural Gas Impact Fund; providing for the administration and purpose of the Fund; etc.