Kan. Stat. § 55-1424

Current through 2024 Session Acts Chapter 111
Section 55-1424 - Natural gas purchase contracts; definitions

For the purposes of this act, production taxes shall mean that portion of ad valorem taxes assessed upon an oil and gas leasehold estate, unit or fee, attributable to the production of natural gas, and shall mean the Kansas mineral severance tax upon production of natural gas, after allowance of the applicable credit provided by the law.

K.S.A. 55-1424

L. 1986, ch. 200, § 1; July 1.