Bill Status of SB2794 99th General Assembly
Short Description: USE/OCC TX-OIL EXPLORATION
Sen. Gary Forby
| 1/10/2017||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates an exemption for oil field exploration, drilling, and production equipment for the period beginning on July 1, 2016 and ending on June 30, 2021. Effective immediately.