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the Utah Code
2012 Utah Code
Title 59 - Revenue and Taxation
Article 5 - Severance Tax on Oil, Gas, and Mining
Section 120 - Exemption.
Universal Citation:
UT Code ยง 59-5-120 (2012)
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59-5-120. Exemption.
Beginning on January 1, 2006 and ending on June 30, 2016, no severance tax required by this chapter is imposed on oil and gas produced, saved, sold, or transported if the oil or gas produced, saved, sold, or transported is derived from:
(1) coal-to-liquids technology;
(2) oil shale; or
(3) tar sands.
Enacted by Chapter 346, 2006 General Session
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