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HB302 Alabama 2011 Session

Updated Jul 26, 2021

Summary

Primary Sponsor
Richard Lindsey
Democrat
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