2020 HB 318 Oil & Gas Tax Changes
- CVNM Position:
- Oppose
- Year:
- 2020
- Sponsors:
-
Phelps Anderson
Rod Montoya
Larry R. Scott
James R.J. Strickler
- Topics:
- Air Quality
Energy & Climate Change - Legislative Info:
- HB 318 on nmlegis.gov »
Description
HB 318 created a temporary tax rate differential for oil produced by a qualified recovery project that uses anthropogenic carbon dioxide to displace oil. This legislation would have effectively been a tax cut for the oil and gas industry when they used enhanced recovery methods.
Outcome
HB 318 was tabled and died in the House Energy, Environment, and Natural Resources Committee.
How Legislators Voted on HB 318
- = Pro Conservation Vote
- = Anti Conservation Vote
- A = Absent
- E = Excused
- R = Recused
- W = Abstain
| Legislator | Party | District | Office | Conservation Vote |
Year |
|---|---|---|---|---|---|
| Akhil, Abbas (D) | D | 20 | Representative | 2020 | |
| Anderson, Phelps (R) | R | 66 | Representative | 2020 | |
| Ferrary, Joanne J. (D) | D | 37 | Representative | 2020 | |
| McQueen, Matthew (D) | D | 50 | Representative | 2020 | |
| Montoya, Rod (R) | R | 1 | Representative | 2020 | |
| Romero, Andrea A. (D) | D | 46 | Representative | 2020 | |
| Rubio, Angelica (D) | D | 35 | Representative | 2020 | |
| Sariñana, Debra M. (D) | D | 21 | Representative | 2020 | |
| Scott, Larry R. (R) | R | 62 | Representative | 2020 | |
| Small, Nathan P. (D) | D | 36 | Representative | E | 2020 |
| Stansbury, Melanie A. (D) | D | 28 | Representative | 2020 | |
| Strickler, James R.J. (R) | R | 2 | Representative | 2020 | |
| Townsend, James G. (R) | R | 54 | Representative | 2020 |