2013 Senate Bill 552

Exempt oil and gas well machinery from business tools tax

Introduced in the Senate

Sept. 25, 2013

Introduced by Sen. Jack Brandenburg (R-11)

To exempt machinery, pipelines, tanks, and other equipment used in drilling and operating oil and gas wells from the state property tax imposed on business tools and equipment (“personal property tax”).

Referred to the Committee on Finance

Dec. 11, 2013

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.