Severance taxes are imposed on the extraction of certain non-renewable natural resources, including coal, molybdenum and metallic minerals, and oil and gas. The tax base and rate vary depending on the type of resource extracted. Report Title Issue Date Report No. Coal Severance Tax Expenditures September 2020 2020-TE30 Impact Assistance Credits September 2020 2020-TE27 Metallic Minerals Ad Valorem Credit January 2021 2021-TE2 Metallic Minerals Threshold Exemption January 2021 2021-TE1 Molybdenum Ore Tonnage Exemption January 2021 2021-TE3 Oil and Gas Severance Tax Ad Valorem Credit July 2020 2020-TE24 Oil and Gas Severance Tax Deduction Memo May 2025 2025-TE8 Oil and Gas Severance Tax Deduction for Transportation Costs & Oil and Gas Severance Tax Deduction for Manufacturing and Processing Costs July 2020 2020-TE16 Oil and Gas Severance Tax Stripper Well Exemption July 2020 2020-TE22 Oil Shale Tax Expenditures July 2020 2020-TE19
