Measures aim to guard against delinquent and unpaid mineral-production taxes, strengthen local governments’ ability to collect debts in the event of mineral industry bankruptcies.
department of revenue
Corporate income tax would have helped fund public schools, but many state senators decided their own reelection campaigns were more important.
$80 million separates the House and Senate versions of the supplemental budget, with much of the divide coming from education spending.
Lawmakers want to end a law that allows energy companies to earn millions of dollars in interest on mineral taxes owed to the state.