15-34-104. Credit against severance tax. A coal mine operator is entitled to a credit against the tax imposed under 15-35-103 in an amount equal to 101.5% of the amount of license tax paid under 15-34-101. The credit may not be claimed for coal produced prior to July 1, 1999.

     History: En. Sec. 7, Ch. 563, L. 1999.