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HB21-1156

Fix Defects Related To Severance Withholdings

Type Bill
Session 2021 Regular Session
Subjects
Fiscal Policy & Taxes State Revenue & Budget

Concerning the correction of statutory defects related to severance tax withholdings from a disbursement to an oil and gas interest owner.

Bill Summary:



Under current law, a producer or purchaser is required to withhold an amount from each disbursement made to an interest owner in any oil and gas produced in the state and pay this amount to the department of revenue. The act fixes defects related to this law by:

  • For purposes of electronic payments, replacing a cross-reference to a repealed subsection with a reference to the current statutory requirement;
  • Expanding the defined term "producer" to be "producer or purchaser" to eliminate a redundancy in the law; and
  • Repealing extraneous references to "oil shale" from the definition.

The act also repeals obsolete filing requirements that applied prior to July 1, 2007.

(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/07/2021 Signed Act PDF
04/27/2021 Final Act PDF
04/20/2021 Rerevised PDF
04/19/2021 Revised PDF
03/30/2021 Reengrossed PDF
03/29/2021 Engrossed PDF
03/03/2021 Introduced PDF
Date Version Documents
07/06/2021 FN2 PDF
03/23/2021 FN1 PDF
Activity Vote Documents
Refer House Bill 21-1156 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 7-0. Vote summary
Activity Vote Documents
Refer House Bill 21-1156 to the Committee of the Whole. The motion passed on a vote of 9-0. Vote summary
Date Calendar Motion Vote Vote Document
04/20/2021 Third Reading BILL
33
AYE
0
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
03/30/2021 Third Reading BILL
64
AYE
0
NO
1
OTHER
Vote record
Date Location Action
05/07/2021 Governor Governor Signed
04/28/2021 Governor Sent to the Governor
04/27/2021 Senate Signed by the President of the Senate
04/27/2021 House Signed by the Speaker of the House
04/20/2021 Senate Senate Third Reading Passed - No Amendments
04/19/2021 Senate Senate Second Reading Passed - No Amendments
04/14/2021 Senate Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/01/2021 Senate Introduced In Senate - Assigned to Finance
03/30/2021 House House Third Reading Passed - No Amendments
03/29/2021 House House Second Reading Passed - No Amendments
03/25/2021 House House Committee on Finance Refer Unamended to House Committee of the Whole
03/03/2021 House Introduced In House - Assigned to Finance