(a) The rate of the severance tax on lead ore shall be fifteen cents (15cent(s)) per ton of two thousand pounds (2,000 lbs.) or at ten percent (10%) of market value, whichever rate is the greater.
(b) The severance tax rate for lead ore under this section shall be in lieu of any rate which would otherwise be applicable under § 26-58-111.
(c) The severance tax on lead ore shall be distributed in the same manner as the severance tax on other ores, as provided by § 26-58-124.
Section: Previous 26-58-116 26-58-117 26-58-118 26-58-119 26-58-120 26-58-121 26-58-122 26-58-123 26-58-124 26-58-125 26-58-126 26-58-127 26-58-128 26-58-129 NextLast modified: November 15, 2016