Arkansas § 26-58-126 Severance tax rate for lead ore

Arkansas Statutes

§ 26-58-126 — Severance tax rate for lead ore

Arkansas § 26-58-126

Title26

This text of Arkansas § 26-58-126 (Severance tax rate for lead ore) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-58-126 (2026).

Text

(a)The rate of the severance tax on lead ore shall be fifteen cents (15¢) per ton of two thousand pounds (2,000 lbs.) or at ten percent (10%) of market value, whichever rate is the greater.

(b)The severance tax rate for lead ore under this section shall be in lieu of any rate which would otherwise be applicable under § 26-58-111 .

(c)The severance tax on lead ore shall be distributed in the same manner as the severance tax on other ores, as provided by § 26-58-124 .

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(a) The rate of the severance tax on lead ore shall be fifteen cents (15¢) per ton of two thousand pounds (2,000 lbs.) or at ten percent (10%) of market value, whichever rate is the greater. (b) The severance tax rate for lead ore under this section shall be in lieu of any rate which would otherwise be applicable under § 26-58-111 . (c) The severance tax on lead ore shall be distributed in the same manner as the severance tax on other ores, as provided by § 26-58-124 .