Suspends the severance taxes levied on oil, natural gas, distillate, and condensate (OR DECREASE GF RV See Note)
Reduces the rate of the severance tax levied on oil, certain distillate, and natural gas over a specified period of time (OR DECREASE GF RV See Note)
Suspends severance taxes on production from certain oil wells (Items #26 and 61) (EN -$10,375,000 GF RV See Note)
Reduces the severance tax rate for oil over a certain period of time, clarifies the severance tax rate for oil produced from certain incapable wells, and authorizes the reduction of the severance tax rate on natural gas (RE DECREASE GF RV See Note)
Provides relative to rates, computation, and administration of severance tax on oil, gas, and other natural resources (EN NO IMPACT GF RV See Note)
Suspends the modifications of the severance tax exemptions on oil and natural gas as enacted in Act No. 120 of the 2015 R.S. from March 1, 2016, until sixty days following adjournment of the 2016 R.S.
Provides relative to a severance tax exemption for deep-well oil and gas production (EN DECREASE GF RV See Note)
Suspends individual and corporate income taxes; income taxes on estates or trusts; corporation franchise taxes, including the initial tax levied on certain corporations and entities; state sales and use taxes; severance taxes; and state excise taxes levied on alcoholic beverages, tobacco products, gasoline, diesel fuels, and special fuels for a certain period of time
Suspends the severance tax exemption for the horizontal drilling of oil and natural gas from April 1, 2016, through December 31, 2020
Provides with respect to the rate and base for the state tax on certain natural resources severed from the soil or water (EG -$89,000,000 GF RV See Note)