Reduced Severance Tax Rate for Horizontally Drilled Wells — Mississippi Development Authority funding opportunity
Mississippi Development Authority · State agency

Reduced Severance Tax Rate for Horizontally Drilled Wells

Reduced Severance Tax Rate for Horizontally Drilled Wells This incentive provided a reduced severance tax rate of 1.3 percent for oil and gas extracted from horizontally drilled wells The reduced rate is available for a...

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Deadline Rolling Location Mississippi Type grant Level State Open
✦ AI Summary
  • Who can apply: State-level applicants (see eligibility for details).
  • Deadline: Rolling — applications accepted any time.
  • Issued by: Mississippi Development Authority.
How was this generated?

The “key facts” mode pulls structured fields directly from the official source posting (amount, deadline, eligibility tags). The AI mode adds a short plain-English narrative on top, generated from the same source. Always verify with the agency before applying.

AI-generated. Always verify with the official source.

Who can apply — at a glance

  • Eligible applicants: see the Eligibility tab for the criteria from the official announcement.
  • Where: Mississippi.
  • Award: amount not specified by the source.
  • Matching funds: not required.
  • Deadline type: Rolling.

Compiled from the official listing's structured fields — always verify with the funder before applying.

About the funder

Mississippi Development Authority is a state-level funder.

See all 8 open programs from this agency →

Deadline
Rolling

About this opportunity

Reduced Severance Tax Rate for Horizontally Drilled Wells This incentive provided a reduced severance tax rate of 1.3 percent for oil and gas extracted from horizontally drilled wells The reduced rate is available for a period of 30 months or until payout of the well and applies to all qualified horizontally drilled wells between July 1, 2013 and June 30, 2018. For more information about these incentives or to learn more about incentives available to businesses in Mississippi, contact MDA’s Financial Resources Division at 601.359.3552. Read More +

Funding agency

Tags

Nonprofit & Community state mississippi mda
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Who can apply

Eligibility details aren't on file yet — check the agency source link in the Documents tab for the latest rules.

Geographic eligibility

  • Mississippi

How to apply

We don't have application instructions on file yet — head straight to the official source.

Apply on agency site
Tip from our team:

Read the agency's eligibility checklist before you start — it's almost always shorter than the full NOFO and will tell you in 90 seconds whether to keep going.

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Source documents

View on agency site
Canonical NOFO, application packet, and forms
No supplemental documents yet.

Direct downloads (NOFO PDFs, application forms, FAQs) will appear here once our team attaches them. For now, the agency site has the canonical packet.

Citation details

Source systemms-mda
Source IDmda-business-reduced-severance-tax-rate-for-horizontally-drilled-wells

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