How to Use severance tax in a Sentence

severance tax

noun

• The Legislature passed an oil severance tax in 2009, but then-Gov.
  — George Skelton, Los Angeles Times, 6 Oct. 2022
• Wolf is still calling for a severance tax on natural gas.
  — John Baer, Philly.com, 3 June 2018
• The state funnels some of the severance tax revenue to communities to address the impacts of oil and gas development.
  — Judith Kohler, The Denver Post, 1 Sep. 2019
• During that time, the amount of severance tax – 10 cents per barrel of oil and 2.5 cents per thousand cubic feet of natural gas – grew nearly every year.
  — Eric Heisig, cleveland, 19 Mar. 2022
• Their other major battle has been fighting an increase in a coal severance tax.
  — Kate Aronoff, The New Republic, 4 Jan. 2022
• For decades, private timber owners in Oregon paid a severance tax.
  — oregonlive, 2 Mar. 2021
• John Aguilar and Judith Kohler take a look at how other states have used their severance taxes to create trust funds that today have billions of dollars in them, and why Colorado hasn’t done the same.
  — The Denver Post, 18 Aug. 2019
• Proponents of the severance tax told lawmakers that the industry’s strong position means there’s no better time to restore the tax.
  — oregonlive, 2 Mar. 2021
• The amount of oil and gas severance tax the state expects to collect this year was downgraded by nearly 11 percent; next year’s collections were revised down 20 percent.
  — Jonathan Shorman and Hunter Woodall, kansascity, 2 Nov. 2017
• The changes included lowering property taxes and phasing out the state’s severance tax, which was based on the value of timber after it was logged.
  — oregonlive, 11 June 2020
• In turn, that allowed Hegar to project nearly $5.9 billion of transfers of severance tax receipts next cycle to the highway fund and the rainy day fund, up by $1.1 billion from his January estimate.
  — Robert T. Garrett, Dallas News, 3 May 2021
• Barring state intervention, the authors added, the tribes would be able to enact a severance tax on any natural resources removed from the reservation.
  — Nick Martin, The New Republic, 6 Oct. 2020
• But Ohio’s Reclamation Forfeiture Fund, funded through a severance tax on coal, only has about $22 million in it – meaning the remaining money would have to come from the state’s general revenue fund.
  — Jeremy Pelzer, cleveland, 4 Nov. 2019
• Holvey also previously attempted to introduce a new severance tax that would fund the state’s wildfire response.
  — oregonlive, 2 Sep. 2020
• Currently, the royalty legislation is attached to a House proposal to enact a severance tax on natural gas, which has also been stalled for years.
  — Andrew Maykuth, Philly.com, 21 Dec. 2017
• With the state emerging from a significant recession, the position would test the knowledge Duncan had attained over the past decade and bring new challenges as well — such as implementing a severance tax on oil and gas production enacted in 1983.
  — Tax Notes Staff, Forbes, 27 Dec. 2021
• Trebek also touched on the death penalty, imposing a severance tax on natural gas drilling and gerrymandering congressional districts, while the men jousted over who can better deal with the state’s huge pension debt.
  — Marc Levy, The Seattle Times, 1 Oct. 2018
• Natural-gas severance taxes rose by $71 million (51%) and accounted...
  — The Editorial Board, WSJ, 7 Feb. 2019
• In early 2005, Blankenship opposed legislation proposed by Manchin that would have increased the coal severance tax and funded workers’ compensation benefit plans.
  — Steven Mufson, Washington Post, 22 May 2018
• The Pennsylvania legislature created the fee as an alternative to a severance tax assessed on production volume, which is commonly used in other oil and gas producing states.
  — Andrew Maykuth, Philly.com, 21 June 2018
• The state’s education budget, 65 percent of which comes from federal mineral royalties and severance taxes, has been especially hard hit.
  — Adam Federman, Slate Magazine, 15 June 2017
• In addition to eliminating the severance tax, Oregon also assesses property taxes at a rate below market value.
  — oregonlive, 11 June 2020
• Golden also expects lawmakers will more seriously debate reintroducing the state’s severance tax for timber companies.
  — oregonlive, 2 Sep. 2020

Last Updated: 24 Jul 2024