La. Revenue and Taxation § 47:648.3
Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
All severance taxes on production from certified new discovery oil and natural gas wells are hereby suspended from the date of completion for a period of twenty-four months or until recovery of payout of the well cost, whichever comes first. Payout of the well cost shall be determined by the Department of Energy and Natural Resources.
La. Revenue and Taxation § 47:648.3