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Lawmakers in Helena are considering a bill that would infuse money back into the state's main revenue fund by increasing taxes on new oil and gas wells. House Bill 215 would remove what is called a "holiday tax," which is a tax incentive for oil and gas companies during the first year of production on a well. The current tax for new wells is half a percent of gas production. The bill, sponsored by Democratic Rep. Mary Ann Dunwell, would increase that to 4.5 percent. "I consider this low-hanging...
