Bill Stoltze voted Yea (Concurrence Vote) on this Legislation.
Title: Oil and Gas Production Tax
Signed by Governor Sarah Palin
Title: Oil and Gas Production Tax
Vote to pass a bill that increases the production tax on gas and oil companies to 25 percent.
-Establishes a standard deduction for oil companies based on the producer's operating expenses (Sec. 62). -Allows producers to receive a tax credit equal to 30 or 40 percent of their exploration expenditures (Sec. 36).
Title: Oil and Gas Production Tax
Vote to pass a bill that increases the production tax on gas and oil companies to 25 percent.
-Establishes a standard deduction for oil companies based on the producer's operating expenses (Sec. 62). -Allows producers to receive a tax credit equal to 30 or 40 percent of their exploration expenditures (Sec. 36).
NOTE: THIS VOTE RECONSIDERS A PREVIOUS VOTE.
Title: Oil and Gas Production Tax