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SB706Introduced in the Senate

Modifying severance tax on newly drilled oil and natural gas wells

IntroducedSenate Finance

Introduced by Glenn Jeffries, District 8

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

The purpose of this bill relates to the amount of severance tax on newly drilled oil and natural gas wells.

Where it stands

To Finance

February 10, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed for introduction

  2. To Energy, Industry, and Mining then Finance

  3. Introduced in Senate

  4. To Energy, Industry, and Mining

  5. Committee substitute reported, but first to Finance

  6. To Finance

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