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Staff Publications

Effective Severance Tax Rates on Oil and Gas

Subjects
Fiscal Policy & Taxes
Natural Resources & Environment
Published
10/26/2023

This memorandum provides information concerning Colorado’s severance tax structure and estimated effective severance tax rates, along with a comparison of effective rates for eight other western oil and gas producing states from 2017 to 2021.

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details