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Washington : Government Printing Office
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| Chap. 158 | Osage Act, amendment. |
| Chap. 158 | State tax upon oil and gas produced in Osage County, Okla.; exception. |
| Chap. 158 | To be in lieu of other State taxes. |
| Chap. 158 | Rate, on royalty interests. |
| Chap. 158 | Conditional provision. |
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That section 5 of the Osage
Act (S. 4039, Public, Numbered 360, Sixty-sixth Congress; 41 5tat. 1249) be amended to read as follows:
“SEC. 5. That the State of Oklahoma is authorized from and after the passage of this Act to levy and collect a gross-production tax, not to exceed the existing rate, upon all oil and gas produced in Osage County, Oklahoma, except as herein otherwise provided, and all taxes so collected shall be paid and distributed, and shall be in lieu of all other State and county taxes levied upon the production of oil and gas as provided by the laws of Oklahoma. The gross-production tax on the royalty interests of the Osage Indians shall be at the rate levied by said State but in no event to exceed 5 per centum and said tax shall be paid by the Secretary of the Interior, through the proper officers of the Osage Agency, to the State of Oklahoma from the amount received by the Osage Indians from the production of oil and gas to be distributed in like manner as gross-production tax under the laws of said State and the Secretary shall pay the tax herein authorized upon the condition and not otherwise that an additional one-fifth of said sum or sums paid by the Secretary in pursuance of this Act shall be delivered over to Osage County, Oklahoma, at the same time or times as the other payment or payments herein provided for are made to said county, one-half thereof to be apportioned to a fund to be used by said county only for the construction and maintenance of roads and bridges therein, the other one-half thereof to be used for the maintenance of common schools of said county as provided by law.”
Approved, April 25, 1940.
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