House committee revisits key PPT issues
Some issues of concern to Senate: Net vs. gross on progressivity, gas exclusion, state buyback of credits, offset of 5,000 bpd
The petroleum profits tax, the rewrite of the state’s production severance tax which died on the Senate floor May 9, was the topic of an evening work session hosted by House State Affairs May 16. The House amended a bill that came out of the Senate, but the Senate did not concur in the changes and t....
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Gross vs. net
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