Arkansas Statutes

§ 26-58-204 — Severance tax credit for oil producer

Arkansas·Title 26
An oil producer in this state who provides for the disposition of salt water produced in the production of oil from oil wells of the oil producer in this state by means of an approved underground saltwater disposal system shall be allowed a severance tax credit on all oil produced by the saltwater-producing oil wells in the amount and in the method provided in this subchapter.

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Arkansas § 26-58-204 (Severance tax credit for oil producer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1959, No. 57, § 2; 1959, No. 138, § 1; A.S.A. 1947, § 84-2114; Acts 2011, No. 791, § 4.

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