Georgia § 12-4-54 - Levying of severance tax.
Full text of Georgia Official Code of Georgia Annotated § 12-4-54 — Levying of severance tax., with citation guidance and answers to common questions.
§ 12-4-54. Levying of severance tax.
As used in this Code section, the term "extractor" means any person removing oil or gas from the ground pursuant to this part. A severance tax shall be levied on oil or gas removed from the ground in this state by an extractor as follows: Three cents per barrel of oil; and One cent per thousand cubic feet of gas. The Department of Revenue shall promulgate rules and regulations as necessary to implement and administer the provisions of this subsection and shall promulgate and make available forms for the use of extractors to assist in compliance with this subsection. In addition to the tax provided for in subsection (b) of this Code section, the governing authority of each county and each municipal corporation is authorized to provide by local ordinance or resolution for the levy, assessment, and collection of a severance tax on oil or gas removed from the ground by an extractor within the jurisdiction of such county or municipality as follows: An amount not to exceed nine cents per barrel of oil; and An amount not to exceed two cents per thousand cubic feet of gas. The severance tax provided for in paragraph (1) of this subsection shall be collected by the Department of Revenue in the same manner and under the same procedures as provided for pursuant to subsection (b) of this Code section on behalf of each county and municipality electing to exercise the powers conferred herein and shall be remitted to each such county and municipality accordingly. (Code 1981, § 12-4-54 , enacted by Ga. L. 2018, p. 953, § 1/HB 205.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 12-4-54
What does Official Code of Georgia Annotated § 12-4-54 cover?
Section 12-4-54 ("Levying of severance tax.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 12-4-54?
A common citation format is "Official Code of Georgia Annotated § 12-4-54" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 12-4-54 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.