HB302 Alabama 2011 Session
Updated Jul 26, 2021
Summary
- Primary Sponsor
Richard LindseyDemocrat- Session
- Regular Session 2011
- Title
- Oil and gas, taxation, depletion allowance altered, limited to federal depletion allowance, Sec. 40-18-35 am'd.
- Description
This bill would limit the state depletion allowance for oil and gas to the amount allowed by the federal depletion allowance.
- Subjects
- Oil and Gas
Bill Actions
Rereferred from W&MGF to W&ME Committee
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
Bill Text
Documents
Source: Alabama Legislature