THEODORE K. MCKELDIN, GOVERNOR 679

GAS OR A PORTION OF THE RESIDUE GAS, OR
BOTH, THE TAX SHALL BE COMPUTED ON THE
GROSS VALUE OF ALL THINGS OF VALUE RE-
CEIVED BY THE PRODUCER, INCLUDING ANY
BONUS OR PREMIUM; PROVIDED THAT NOTWITH-
STANDING ANY OTHER PROVISION HEREIN TO
THE CONTRARY, WHERE GAS IS PROCESSED FOR
THE LIQUID HYDRO-CARBON CONTENT AND THE
RESIDUE GAS IS RETURNED BY CYCLING METH-
ODS, AS DISTINGUISHED FROM REPRESSURING
OR PRESSURE MAINTENANCE METHODS, TO SOME
GAS PRODUCING FORMATION, THE TAXABLE
VALUE OF SUCH GAS SHALL BE THREE-FIFTHS
(3/5) OF THE GROSS VALUE OF ALL LIQUIDS EX-
TRACTED, SEPARATED AND SAVED FROM SUCH
GAS, SUCH VALUE TO BE DETERMINED UPON
SEPARATION AND EXTRACTION AND PRIOR TO
ABSORPTION, REFINING OR PROCESSING OF SUCH

HYDRO-CARBONS AND THE QUANTITY OF THE
PRODUCTS SHALL BE MEASURED BY THE TOTAL
YIELD OF THE PROCESSING PLANT FROM SUCH
GAS.

(3) THE TAX HEREBY LEVIED SHALL BE THE
LIABILITY OF THE PRODUCER AND PURCHASER
OF GAS IN THE FOLLOWING PROPORTIONS: THE
PRODUCER SHALL BE LIABLE FOR SIXTY PER
CENT (60%) OF THE TAX HEREBY LEVIED AND
THE PURCHASER SHALL BE LIABLE FOR FORTY
PEE CENT (40%) OF THE TAX HEREBY LEVIED.

(4) THE FIRST PURCHASER OF GAS SHALL PAY
THE TOTAL TAX ON ALE GAS PURCHASED, MAK-
ING THE PAYMENTS OF TAX TO THE COUNTY
COMMISSIONERS OF GARRETT COUNTY BY LEGAL
TENDER OR CASHIER'S CHECK PAYABLE TO SAID
COUNTY COMMISSIONERS. THE FIRST PURCHAS-
ER SHALL BE ENTITLED TO DEDUCT THE PRO-
PORTIONATE AMOUNT OF THE TAX CHARGEABLE
TO THE PRODUCER AND ROYALTY OWNER FROM
THE AMOUNT DUE THE PRODUCER FROM WHOM
SUCH GAS IS PURCHASED AND SUCH PRODUCER
SHALL BE ENTITLED TO DEDUCT THE PROPOR-
TIONATE AMOUNT OF THE TAX CHARGEABLE TO
ANY OTHER PRODUCER OWNING AN INTEREST IN
SUCH GAS FROM THE AMOUNT DUE SUCH OTHER
PRODUCER AND SHALL BE ENTITLED TO DEDUCT
THE PROPORTIONATE AMOUNT OF THE TAX