5993-S AMS BRAU S4425.1
SSB 5993 - S AMD 763
By Senator Braun
NOT ADOPTED 04/25/2019
On page 2, line 37, after "is" strike "one dollar and thirty-nine" and insert "seventy"
On page 3, beginning on line 25, strike all of subsection (3)
Correct any internal references accordingly.
EFFECT: Reduces the volumetric tax rate from $1.39/barrel to $0.70/barrel and removes the implicit price deflator adjustment to the rate.
FISCAL IMPACT: Reduces revenue by $284 million.
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