Ozark Gas Pipeline Corp. v. Arkansas Public Service Commission

Robert L. Brown, Justice.

Tbis case involves the assessment of the ad valorem property tax by the Tax Division of the appellee Arkansas Public Service Commission (APSC) in 1995 and 1996, and specifically raises the question of whether $20.8 million in exit fees should have been taxed. The property assessed was a natural gas pipeline owned by appellant Ozark Gas Pipebne Corporation which extends from Pittsburg County, Oklahoma, to White County, Arkansas. The pipebne was completed in 1982, and approximately sixty-five percent of it is located in Arkansas.

Originally, there were four partners who…