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BakerHostetler

Ohio Ways and Means Committee Receives Testimony on Horizontal Drilling Tax Proposal

BakerHostetler on

On January 8 and 15, 2014 the Ohio House of Representatives Ways and Means Committee received testimony on House Bill 375 (“HB 375” or the “Bill”). The Bill, previously reported on this blog, would introduce a new tax on...more

McDermott Will & Emery

Illinois’ Hydraulic Fracturing Tax Act

McDermott Will & Emery on

Prior to the Hydraulic Fracturing Tax Act, Illinois was one of the few drilling states not to impose any severance or gross production taxes on the extraction of its minerals. For oil and gas removed on or after July 1,...more

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