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 operators who qualify for a severance tax exemption on new deep or
horizontal wells from earning interest on refunds for overpayment of severance tax.
Proposed law prohibits operators who qualify for a severance tax exemption on new deep or
horizontal wells from earning interest on refunds for overpayment of severance taxes.
Effective if and when House Bill No. ___ of this 2014 R.S. is enacted and becomes effective.
(Adds R.S. 47:1624.1)