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HB0036
Severance tax distribution revision.
Year
2022
Status
Proposed
Sponsor
Revenue
Committee
Not Assigned
Introduced
Feb 15, 2022
4 years ago
Last Action
H Failed Introduction 31-29-0-0-0
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Raises the annual cap on severance tax distributions from $155M to $200M and directs 22.5% of those funds to school programs starting July 2022.
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Individual Sponsor
This bill was sponsored by Revenue rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
H Failed Introduction 31-29-0-0-0