HLS 14RS-1468 ENGROSSED
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2014
HOUSE BILL NO. 712
BY REPRESENTATIVE GREENE
TAX/SEVERANCE TAX: Prohibits the state from paying interest on refunds for the
overpayment of certain severance taxes
AN ACT1
To enact R.S. 47:1624.1, relative to refunds; to provide with respect to the refund of2
overpayment of severance taxes; to prohibit certain taxpayers from earning interest3
on refunds; to provide for certain limitations; to provide for effectiveness; and to4
provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 47:1624.1 is hereby enacted to read as follows: 7
ยง1624.1. Interest on refunds; severance tax8
Notwithstanding any other provision of law to the contrary, an operator,9
whose well qualifies for the severance tax suspension pursuant to the provisions of10
R.S. 47:633(7)(c)(iii) or (9)(d)(v) for new horizontal or deep wells, shall not be paid11
interest on refunds for the overpayment of severance taxes when such refunds have12
been processed and paid by the Department of Revenue no later than the one hundred13
eightieth day following the day a properly filed claim for refund or amended return14
with supporting documentation for the new horizontal or deep well has been15
submitted to the department.16
Section 2. This Act shall take effect and become operative if and when the Act17
which originated as House Bill No. 713 of this 2014 Regular Session of the Legislature is18
enacted and becomes effective.19 HLS 14RS-1468 ENGROSSED
HB NO. 712
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Greene HB No. 712
Abstract: Prohibits an operator whose well qualifies for a severance tax suspension on new
horizontal or deep wells from earning interest on refunds for overpayment of
severance tax if the refund is paid no later than the 180th day following the day a
properly filed refund is submitted to the Dept. of Revenue.
Proposed law prohibits an operator whose well qualifies for a severance tax suspension on
new horizontal wells or deep wells from earning interest on refunds for overpayment of
severance taxes if the refund is processed and paid by the Dept. of Revenue (DOR) no later
than the 180th day following the day a properly filed claim for refund or amended return
with supporting documentation for the new horizontal well or deep well has been submitted
to DOR.
Effective if and when House Bill No. 713 of this 2014 R.S. is enacted and becomes effective.
(Adds R.S. 47:1624.1)
Summary of Amendments Adopted by House
Committee Amendments Proposed by House Committee on Ways and Means to the
original bill.
1. Changed the reference in proposed law from a severance tax exemption to a
severance tax suspension.
2. Added requirement that no interest shall be paid if the refund is processed and
paid by DOR no later than the 180th day following the day a properly filed claim
for refund or amended return is submitted to DOR.