Tag: severence tax

How SB 4 Will End Up Taxing the Oil and Gas Industry and Even California’s Consumers: Looming Fee Hikes Will Cover State Water Resources Control Board’s Budget Needs, New Staff Positions

Most of the media has been consumed with talk of a proposed severance tax on oil and gas production, but meanwhile in Sacramento another tax on oil and gas production is being poised to take effect — funding requests to implement SB 4.  The State Water Resources Control Board (“SWRCB”) is asking for more than … Continue Reading
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