Statute 55-1424: Natural gas purchase contracts; definitions.
For the purposes of this act, production taxes shall mean
that portion of ad valorem taxes assessed upon an oil and gas leasehold
estate, unit or fee, attributable to the production of natural gas, and
shall mean the Kansas mineral severance tax upon production of natural gas,
after allowance of the applicable credit provided by the law.
History: L. 1986, ch. 200, § 1; July 1.