l9n/ Mississippi

2024 Regular Session

Senate Bill 2990

Taxation of oilfield services; restructure.

Did not become law. It stopped in the Senate on May 14, 2024. The 2024 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTIONS 27-65-17 AND 27-65-23, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT SALES OF EQUIPMENT AND MATERIALS USED IN CONNECTION WITH GEOPHYSICAL SURVEYING, EXPLORING, DEVELOPING, DRILLING, REDRILLING, COMPLETING, WORKING OVER, PRODUCING, DISTRIBUTING OR TESTING OF OIL, GAS AND OTHER MINERAL RESOURCES SHALL BE TAXED AT 4%; TO PROVIDE THAT OPERATORS THAT REBILL SALES OF EQUIPMENT AND MATERIALS TO NONOPERATING WORKING INTEREST OWNERS ON BEHALF OF THE JOINT ACCOUNT THROUGH JOINT INTEREST BILLING (JIB), WHERE THE SALES TAX HAS BEEN PAID OR ACCRUED BY THE OPERATOR, SHALL NOT BE CHARGED SALES TAX ON THE JIB AS SERVICES INCOME; TO ELIMINATE THE 7% TAX ON THE GROSS INCOME OF BUSINESSES PERFORMING SERVICES IN CONNECTION WITH GEOPHYSICAL SURVEYING, EXPLORING, DEVELOPING, DRILLING, PRODUCING, DISTRIBUTING, OR TESTING OF OIL, GAS AND OTHER MINERAL RESOURCES; TO AMEND SECTION 27-65-21, MISSISSIPPI CODE OF 1972, TO ELIMINATE THE 3.5% CONTRACTOR'S TAX ON OIL AND GAS WELL CONTRACTS; TO AMEND SECTIONS 19-5-9 AND 21-19-25, MISSISSIPPI CODE OF 1972, TO CONFORM TO A CHANGE IN SUBSECTION DESIGNATION; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

March 8 to May 14, 2024, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action16 actions on 12 days

In the SenateMar 8 to Mar 2719 days

FinanceMar 8 to Mar 2618 days

In the House of RepresentativesMar 27 to Apr 1620 days

Ways and MeansMar 29 to Apr 1517 days

Accountability, Efficiency, TransparencyApr 15 to Apr 161 day

Ways and MeansApr 16 to Apr 160 days

Back in the SenateApr 16 to May 14 · stopped28 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 16

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Mar 8 – Mar 27

  1. Mar 8Referred to the Senate committee on Finance
  2. Mar 26Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Mar 27Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Mar 28 – Apr 16

  1. Mar 28Sent to the House
  2. Mar 29Referred to the House committees on Ways and Means and on Accountability, Efficiency, Transparency
  3. Apr 15Reported as amended from WM to AC in the House: title sufficient, do pass
  4. Apr 16Reported as amended from AC to WM in the House: title sufficient, do pass
  5. Reported from committee in the House: title sufficient, do pass as amended
  6. Amended in the House
  7. Passed the House as amended

Back in the Senate Apr 17 – May 14

  1. Apr 17Returned to the Senate to concur in the House's amendments
  2. Apr 18Declined in the Senate to concur, and invited a conference
  3. Apr 24Conferees named in the Senate: Harkins, Carter and Horhn
  4. Apr 29Suspended from deadlines by House Concurrent Resolution 64
  5. May 14Died in conference in the Senate
All 16 actions, as published
  1. Mar 8Referred To FinanceSenate
  2. Mar 26Title Suff Do Pass Comm SubSenate
  3. Mar 27Committee Substitute AdoptedSenate
  4. Mar 27PassedSenate
  5. Mar 28Transmitted To HouseSenate
  6. Mar 29Referred To Ways and Means;Accountability, Efficiency, TransparencyHouse of Representatives
  7. Apr 15DR - TSDPAA: WM To ACHouse of Representatives
  8. Apr 16DR - TSDPAA: AC To WMHouse of Representatives
  9. Apr 16Title Suff Do Pass As AmendedHouse of Representatives
  10. Apr 16AmendedHouse of Representatives
  11. Apr 16Passed As AmendedHouse of Representatives
  12. Apr 17Returned For ConcurrenceHouse of Representatives
  13. Apr 18Decline to Concur/Invite ConfSenate
  14. Apr 24Conferees Named Harkins,Carter,HorhnSenate
  15. Apr 29Suspend from Deadlines by HC 64Both houses
  16. May 14Died In ConferenceSenate