State Budgets Oil & Gas

News & Analysis as of

Week in Review – June 2015

Special Session – Not Yet - Governor Mark Dayton and House Republican leaders on Monday tentatively agreed to a two-year school spending budget, moving them one step closer to avoiding a partial government shutdown...more

Louisiana Severance Tax Exemptions in Jeopardy

The 2015 Louisiana legislative session is in full swing and the lawmakers are dealing with a projected $1.6 billion budget shortfall. Of the many tax credits, exemptions and deductions that are in the legislature’s...more

Week in Review – Taxes, Transportation, and Goat Trails - April 24, 2015 #4

Taxes - The House Republican Omnibus Tax bill (HF848) was released on Monday. The $2 billion tax cut package includes $538 million to pay for a one-time income tax exemption and $450 million to begin phasing-out the...more

How SB 4 Will End Up Taxing the Oil and Gas Industry and Even California's Consumers: Looming Fee Hikes Will Cover State Water...

Most of the media has been consumed with talk of a proposed severance tax on oil and gas production, but meanwhile in Sacramento another tax on oil and gas production is being poised to take effect -- funding requests to...more

Severance Tax Debate Continues

Through the summer and leading up to the adoption of Ohio’s biennial budget, changes to Ohio’s severance tax were discussed in the General Assembly and in the media. Severance tax provisions were cut from discussions fairly...more

Ohio Agencies Propose Bill Regulating Radioactive Drilling Wastes

Last week we discussed the release of Ohio Governor John Kasich’s proposed budget, in which the Governor proposed changes to the state’s severance taxes for oil and gas wells. On Monday the budget was introduced as a new bill...more

Ohio Governor Relaunches Severance Tax Plan In Budget Proposal

Yesterday Ohio Governor John Kasich unveiled his proposed budget for fiscal years 2014 and 2015 at an hour-long press conference. The Governor’s proposal, a summary of which can be found here, contained a comprehensive plan...more

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