{"data":{"id":"us-la/rs-47-648.3","jurisdiction":"us-la","citation":"RS 47:648.3","heading":"Severance tax suspension on production from certified new discovery oil and natural gas wells","body":"All severance taxes on production from certified new discovery oil and natural gas wells are hereby suspended from the date of completion for a period of twenty-four months or until recovery of payout of the well cost, whichever comes first. Payout of the well cost shall be determined by the Department of Conservation and Energy.","path":["TITLE 47. REVENUE AND TAXATION"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=102432","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:02:34Z","sha256":"7641c0c77d1bacef5326e16676946c0b76007bb5043afd2e5380688f318722c5","source_id":"us-la","stale":false,"prev":"us-la/rs-47-648.2","next":"us-la/rs-47-648.4"},"notice":"GroundRules: Original legal text. Not legal advice."}