HB1372 — Revenue and taxation; gross production tax; limited exemption for production from certain wells; surety; effective date; emergency.

HB1372 — Revenue and taxation; gross production tax; limited exemption for production from certain wells; surety; effective date; emergency. · Informed CitizenryHouse Bill 1372 addresses changes to how Oklahoma collects revenue from the oil and gas industry. Specifically, it modifies the existing gross production tax by creating a limited exemption for pro…Open in Informed Citizenry