---
urn: urn:us-la:rs:47:1031
citation: "R.S. 47:1031"
status: active
breadcrumb: "Title 47 › Subtitle II › Chapter 11 › Part II"
acts_citations:
  - { year: 1994, number: 35, section: 1, effective_date: 1994-07-01, role: enactment }
  - { year: 1998, number: 3, section: 1, effective_date: 1998-06-04, role: amendment }
---

# Imposition of tax

Every corporation, domestic or foreign, engaged in the business of transporting natural gas by pipeline in this state, shall, in addition to all other taxes and licenses levied and assessed in this state, pay an additional annual franchise tax for exercising its franchises or charters or the continuance of its franchises or charters in this state, equal to one percent of the gross receipts from the operation of its franchises or charters in this state. This tax shall apply to any corporation engaging in the business of transporting natural gas by pipeline for hire, sale, or use.