Skip to main content
HB24-1413

Severance Tax Transfers

Type Bill
Session 2024 Regular Session
Subjects
State Revenue & Budget

Concerning transfers from funds that include severance tax revenue, and, in connection therewith, making an appropriation.

Bill Summary:

Under existing law, the general assembly may annually appropriate up to $450,000 from the severance tax operational fund to the conservation district grant fund. The act increases the maximum amount to $700,000.

The act makes the following one-time transfers:

  • $18,259,805 from the severance tax operational fund to the general fund on June 30, 2025;
  • $26,086,559 from the severance tax perpetual base fund to the general fund on July 1, 2024; and
  • $25 million from the local government severance tax fund to the general fund on July 1, 2024.

The act appropriates $250,000 from the severance tax operational fund to the department of agriculture.

APPROVED by Governor May 22, 2024

EFFECTIVE May 22, 2024
(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/22/2024 Signed Act PDF
05/15/2024 Final Act PDF
04/05/2024 Rerevised PDF
04/04/2024 Revised PDF
04/01/2024 Reengrossed PDF
03/28/2024 Engrossed PDF
03/25/2024 Introduced PDF
Date Version Documents
06/10/2024 FN2 PDF
03/26/2024 FN1 PDF
Date Version Documents
04/02/2024 SA2 PDF
03/26/2024 SA1 PDF
Activity Vote Documents
Refer House Bill 24-1413 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 9-0. Vote summary
Activity Vote Documents
Refer House Bill 24-1413 to the Committee of the Whole. The motion passed on a vote of 9-2. Vote summary
Date Calendar Motion Vote Vote Document
04/22/2024 Conference Committee Report REPASS
45
AYE
17
NO
3
OTHER
Vote record
04/22/2024 Conference Committee Report ADOPT
49
AYE
13
NO
3
OTHER
Vote record
04/09/2024 Senate Amendments NOT CNCR
60
AYE
1
NO
4
OTHER
Vote record
04/01/2024 Third Reading BILL
43
AYE
21
NO
1
OTHER
Vote record
03/28/2024 Committee of the Whole AMD (H.001)
7
AYE
51
NO
7
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/19/2024 Conference Committee Report REPASS
26
AYE
5
NO
4
OTHER
Vote record
04/19/2024 Conference Committee Report ADOPT CCR
31
AYE
0
NO
4
OTHER
Vote record
04/05/2024 Third Reading BILL
22
AYE
3
NO
10
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/04/2024 L.002 Second Reading Passed [**] PDF
03/28/2024 L.001 Second Reading Lost [**] PDF
H.001 Committee of the Whole Lost PDF
Date Location Action
05/22/2024 Governor Governor Signed
05/15/2024 Governor Sent to the Governor
05/15/2024 Senate Signed by the President of the Senate
05/15/2024 House Signed by the Speaker of the House
05/14/2024 House House Third Reading Passed - No Amendments
04/22/2024 House House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
04/19/2024 Senate Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
04/09/2024 Senate House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee
04/08/2024 Senate House Considered Senate Amendments - Result was to Laid Over Daily
04/05/2024 Senate Senate Third Reading Passed - No Amendments
04/04/2024 Senate Senate Second Reading Special Order - Passed with Amendments - Floor
04/03/2024 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/01/2024 Senate Introduced In Senate - Assigned to Appropriations
03/28/2024 House House Second Reading Special Order - Passed - No Amendments
03/27/2024 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
03/25/2024 House Introduced In House - Assigned to Appropriations
Effective Date Chapter # Title Documents
05/22/2024 228 Severance Tax Transfers PDF