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Commission discusses state law to raise mineral severance tax; asks staff for revenue estimate
Summary
Commissioners reviewed a recently passed state provision allowing counties to raise the mineral severance tax by 5¢ increments every five years up to 30¢ (currently 15¢). Commissioners asked staff for revenue estimates and confirmation that the state Department of Revenue would collect the tax.
The commission discussed whether to pursue an increase in the county's mineral severance tax after a state law change permitted incremental increases. "The legislator passed this year where we can raise the mineral severance tax 5 it's 5¢ every 5 years up to a maximum of 30¢. Right now, we're at 15¢," said Mr. Hodges, the item presenter. He told commissioners the change would amount to 5¢ per ton…
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