Arkansas § 26-58-129 Natural gas severance tax payment, apportionment of severance tax between royalty owner and producer, and authority for rulemaking

Arkansas Statutes

§ 26-58-129 — Natural gas severance tax payment, apportionment of severance tax between royalty owner and producer, and authority for rulemaking

Arkansas § 26-58-129

Title26

This text of Arkansas § 26-58-129 (Natural gas severance tax payment, apportionment of severance tax between royalty owner and producer, and authority for rulemaking) 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. § 26-58-129 (2026).

Text

(a)The severance tax on natural gas shall be paid in the manner provided in this chapter.

(b)The portion of the severance tax that is required to be deducted from the royalty owner or other interest shall be calculated in the same manner as the portion of the severance tax borne by the producer.

(c)The Department of Finance and Administration may promulgate the rules necessary to enforce the provisions of this act.

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(a) The severance tax on natural gas shall be paid in the manner provided in this chapter. (b) The portion of the severance tax that is required to be deducted from the royalty owner or other interest shall be calculated in the same manner as the portion of the severance tax borne by the producer. (c) The Department of Finance and Administration may promulgate the rules necessary to enforce the provisions of this act.