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HB0128
Enhanced oil recovery-severance tax exemption.
Year
2026
Status
Proposed
Sponsor
Tarver
Committee
Not Assigned
Introduced
Feb 11, 2026
7 months ago
Last Action
Assigned Chapter Number 46
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Oil companies using advanced recovery methods on older wells would get a 5-year tax break on severance taxes if their project is approved between 2026 and 2031.
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Individual Sponsor
This bill was sponsored by Tarver 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
Assigned Chapter Number 46