# HB 2411 Tax Reimbursement

**URL:** https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769
**Category:** Regulation
**Created:** [January 30, 2015, 12:48am UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769 "2015-01-30T00:48:14Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Claudia\_Kemmerer](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/claudia_kemmerer/32/4445_2.png) [@Claudia\_Kemmerer](https://www.mineralrightsforum.com/u/Claudia_Kemmerer)
#### Post date: [January 30, 2015, 12:48am UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/1 "2015-01-30T00:48:14Z")

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If an oil and gas operator received their full share of the HB 2411 tax reimbursement, why are they permitted to periodically reimburse me my proportionate share of same, as opposed to my receiving full reimbursement? The company is just now reimbursing me for 6/2010 and 6/2011. Some months, I see no reimbursement. Some months I do.

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### Author: ![Robert\_P\_Malone](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/robert_p_malone/32/2089_2.png) [@Robert\_P\_Malone](https://www.mineralrightsforum.com/u/Robert_P_Malone)
#### Post date: [January 30, 2015, 5:55pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/2 "2015-01-30T17:55:03Z")

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Also, would someone kindly tell us what the HB 2411 tax reimbursement is? I’m very interested in this.

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### Author: ![Wesley\_Skinner](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/5f9b8f/32.png) [@Wesley\_Skinner](https://www.mineralrightsforum.com/u/Wesley_Skinner)
#### Post date: [January 30, 2015, 10:45pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/3 "2015-01-30T22:45:06Z")

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Claudia, without taking time to look up this law, I think this is the Oklahoma Tax Rebate to incentivize the extra expensive horizontal or very deep wells by refunding certain taxes. Go to the OCC imaged documents - Oil and Gas Well Records Forms and enter the legal for your well and in the FORM field enter 1534, which is the Tax Rebate application form. Some companies will designate on the alternative 1099-Misc form an interest, shown as a negative. I’m not sure without digging back through my 1040’s which company has done this, but there are some which have never shown an interest payment. I wish there was a standard check stub format, but that is another topic.

Maybe someone else who can do a better job of explaining the process/rationale will respond.

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### Author: ![Kitchen](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kitchen/32/2666_2.png) [@Kitchen](https://www.mineralrightsforum.com/u/Kitchen)
#### Post date: [February 2, 2015, 10:29pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/4 "2015-02-02T22:29:45Z")

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Maybe this should be a lease provision - for the timely repayment of tax refunds / reimbursements.

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### Author: ![Buddy\_Cotten](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/buddy_cotten/32/5079_2.png) [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [February 3, 2015, 1:03am UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/5 "2015-02-03T01:03:59Z")

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Kitch,

It is a requirement in state-of-the-art lease forms.

[http://www.mineralrightsforum.com/profiles/blogs/severance-tax-refunds-and-your](http://www.mineralrightsforum.com/profiles/blogs/severance-tax-refunds-and-your)

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### Author: ![Claudia\_Kemmerer](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/claudia_kemmerer/32/4445_2.png) [@Claudia\_Kemmerer](https://www.mineralrightsforum.com/u/Claudia_Kemmerer)
#### Post date: [February 3, 2015, 4:09pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/6 "2015-02-03T16:09:55Z")

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Buddy and Kitch,

Thank you both so very much! I agree that this should be a lease provision! Very much enjoyed reading the severance tax blog, Buddy.

They certainly don’t make it easy, do they? They, being the oil and gas operators.

Thank you both again!

Claudia

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### Author: ![Kitchen](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kitchen/32/2666_2.png) [@Kitchen](https://www.mineralrightsforum.com/u/Kitchen)
#### Post date: [February 4, 2015, 1:42pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/7 "2015-02-04T13:42:09Z")

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Buddy,

Thank you for the link to your blog post. Great reading and an excellent item to remember when negotiating leases.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:55pm UTC](https://www.mineralrightsforum.com/t/hb-2411-tax-reimbursement/7769/8 "2018-08-14T23:55:04Z")

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