Oil & Gas Processing Tax Proposal (1998)
Louisiana: The State We're In
Details
Collection:LPB
Genre: Newsmagazine
Place Covered: Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 1998-01-30
Duration: 00:12:10
Subjects: Taxes | Severance tax | GAS INDUSTRY | OIL INDUSTRY
Contributors:
- Collins, Robert Host
- Duhe, Jeff Reporter
- Scott, Loren Speaker
- Campbell, Foster Speaker
- Campbell, Foster Interviewee
Description
This segment from the January 30, 1998, episode of the series “Louisiana: The State We’re In” features Jeff Duhe’s report on a Senate Revenue and Fiscal Affairs Committee hearing on a proposal to change the way oil and gas companies are taxed in Louisiana. It includes highlights of the testimony by Dr. Loren Scott, economist, and State Senator Foster Campbell, the bill’s sponsor. Duhe then interviews State Senator Campbell, who discusses: the current severance tax on oil and gas; his proposal to change the severance tax to a processing tax; and why he believes the processing tax will not drive oil and gas companies out of Louisiana. Host: Robert Collins