Senate committee cuts House approved oil tax break – New Orleans City

Senate committee cuts House approved oil tax break – New Orleans City

A Louisiana Senate committee on Wednesday slashed a House-passed tax break for the oil and gas industry, hoping to balance economic benefits with the needs of the state government. In its original form, House Bill 29 by Representative Phillip DeVillier, a Republican from Eunice, called for a departure tax exemption for new or reworked wells […]

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