Nevada ranks 16th in the U.S. for most severance taxes paid in 2023

Governor Joe Lombardo - gov.nv.gov/AboutUs/Biography_Joe_Lombardo/
Governor Joe Lombardo - gov.nv.gov/AboutUs/Biography_Joe_Lombardo/
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In 2023, Nevada collected $80 million in severance taxes, placing it 16th among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked a 63.4% decrease from the $218.7 million generated in the previous year.

For comparison, Texas topped the national rankings in 2023, collecting $9.5 billion in severance taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

U.S. Severance Taxes by State in 2023
Rank State Amount
1 Texas $9,475,528,000
2 New Mexico $5,295,401,000
3 North Dakota $3,167,768,000
4 Oklahoma $1,834,786,000
5 Alaska $1,819,179,000
6 Wyoming $1,145,516,000
7 Louisiana $842,005,000
8 West Virginia $840,325,000
9 Colorado $345,959,000
10 Montana $281,651,000
11 Kentucky $147,022,000
12 Utah $139,327,000
13 California $135,200,000
14 Arkansas $98,360,000
15 Minnesota $92,048,000
16 Nevada $79,953,000
17 Kansas $71,322,000
18 Ohio $60,930,000
19 Alabama $54,359,000
20 Washington $42,596,000
21 Mississippi $40,661,000
22 Michigan $36,346,000
23 Florida $28,000,000
24 Arizona $18,526,000
25 Oregon $16,627,000
26 Idaho $5,887,000
27 South Dakota $5,657,000
28 Nebraska $4,091,000
29 Virginia $3,538,000
30 Wisconsin $2,186,000
31 North Carolina $1,731,000
32 Indiana $1,572,000
33 Tennessee $910,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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