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Committee approves bill to standardize county valuation of gas wells statewide

3091040 · April 9, 2025
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Summary

House Bill 1937 would clarify how county assessors value gas wells, extending the uniform approach already applied to oil wells in earlier legislation; the committee approved the bill by voice vote.

The Senate Revenue & Tax Committee voted to pass House Bill 1937, a measure intended to standardize county appraisal of gas wells across the state. Sen. Matt Stone, State Senator for District 2, presented the bill as a clarification to existing law so gas wells are taxed consistent with oil wells.

“Two sessions ago,…

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