LexisNexis® Legal Newsroom
Babst Calland: Updates to Ohio’s Proposed Increase of Severance Tax on Natural Resources

By Michael T. Altvater The Ohio House Ways and Means Committee updated House Bill 375, which proposes changes to the severance tax on natural resources. Among the updates are an increase in the proposed severance tax to 2.25% from 2% for horizontal wells, a reduction in the period of time for the...