Pipelines, dehydrators, compressors and other appurtenant equipment which are used to facilitate the transportation of carbon dioxide (CO2) in connection with an enhanced oil recovery project in the State of Mississippi shall be exempt from all ad valorem taxation, excepting taxes for school district purposes, for a period not to exceed ten (10) years from the date such pipelines and equipment are first placed into service.
Miss. Code Ann. § 27-31-102
Exemption of equipment used in connection with enhanced oil recovery projects
Applied in 1 court decision — leading case Shell Western E & P, Inc. v. Board of Supervisors of Pike County (1993)
Most recently applied in Shell Western E & P, Inc. v. Board of Supervisors of Pike County (August 1993)
Laws, 1984, ch. 451, § 3; Laws, 1990, ch. 478, § 1, eff from and after passage (approved March 24, 1990
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.