Louisiana Revised Statutes 47:631 – Imposition of tax
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Terms Used In Louisiana Revised Statutes 47:631
- Severed: means the point at which the natural resources are severed from the surface of the earth or water. See Louisiana Revised Statutes 47:634
Taxes as authorized by La. Const. Art. VII, § 4 are hereby levied upon all natural resources severed from the soil or water, including all forms of timber, including pulp woods, turpentine, and other forest products; minerals such as oil, gas, natural gasoline, distillate, condensate, casinghead gasoline, sulphur, salt, coal, lignite, and ores; marble, stone, sand, shells, and other natural deposits; and the salt content in brine.
Acts 1997, No. 40, §1.