59-5-120. Exemption. Beginning on January 1, 2006 and ending on June 30, 2016, no severance tax required bythis chapter is imposed on oil and gas produced, saved, sold, or transported if the oil or gasproduced, 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