Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1915-01-19
FULL TEXT OF THE
JOHNSON MEASURE

A bin. entitled an act leyying and
collecting q mine production tax upon
the gross value of such production
upon natural gas, petroleum ana
other crude oil, dividing the net col
Iccuous one-hllf to the state, the re-
naming half in equal parts to the
road and bridge fund, and the com
mon school fund OF that county
where production occurred, and pro-
Nidiug an emergency;
BE il enacted by the people OF the
state of oklahoma:
Section l. For the purpose oi
measuring the value Of natural gas
and petroleum, or other crude OIL
when segregated from the common
source of supply beneath the surface
and for taxing the same as property
each person. firm, association OF
,ornoration mining and producing the
same shall pay mining production
tax of not exceeding two per cent
upou the gross value Of such produc-
uou. at the point where the same Is
mined. according TO the market
value thereof.
section 2. such property shall not
he subject TO any other tax lhah
herein provided during the tax year
I'm which same is produced; but any
OF such property in tanks or storage
at the beginning of the new tax year,
shall be assessed for taxation au
yalorem in like manner and shall
nay the same rate as other property
within the taxing district wherein
such property Is stored, ana lhe laN
hereby declared and levied upon the
production of natural gas and crude
oil shall be i'm lieu. place and stead
OF any and all taxes, charges or as,
sessments on natural gas and oil
leases. mining rights and privileges
belonging or appertaining To land,
and ON the machinery, appliances ana
/ euuIpmeut used I'm operation OF Oh
and gas wells.
section 3. One-half Of all sums
collected under the provisions OF
. this section (after deductng th'
reasonable cost Of conections) sinai
/ be paid into the state treasury tol
the general expenses OF the state
government and the remaining one
half ia to be paid into the county
treasury of the county where suct
oil and gas was mined or produced
to b, equally divided betweep the
road and bridge fund and the com
mon school fund of such county.
Section g. I'm absence of legiSla
ton appropriate to carry out th
purpose OF this act. and the makln'
nf necessary appropriation for carry
lne into effect the provisions thereof
tine state auditor shall have powe
from time to time 90 prescribe rule
and regulations for the collection o
the tax herein levied. and the rule
and regulations so provided shall. 81
| davs after publication, have the fore
and effect OF law and 1t shall be tn
duty Of the auditor TO proceed to en-
| force the collection under such RUE
and regulations. and he Is hereo
authorized To retain and use 10 pa
the expenses necessarily incurred II
!, the collection of the tax herein levied
including necessary litigation not u
exceed two per cent OF the amour
so collected, itemized account of al
money so retained and expended Il
be filed with the next Legislature
upon the assembling OF the same
| An litigation shall be attended to o
legal advice furnished the auditor b.
the attorney general.
Section 3. The tax herein declares
shall also attach to. and be levied
upon what Is known as the royalt
interests except where such interes
| ia exempted from taxation under tn
laws OF the United States and tn
amount thereof paid by the oil an
gas mining lessee. producer or owne
of the mining rights. and deducte
from the royalty interest when set
tlement Is made with such owner.
By the oil and gas mining lessee
owner or producer.
Section 6. The state board o
equalization shall be empowered L
raise or lower the rate OF tax hereii