Earlier editions: 2026-09
Division 3 — LICENSING›Chapter 3 — BUSINESSES NOT SUBJECT TO ADDITIONAL LICENSE TAX›Article 13 — OIL WELLS
Torrance Municipal Code Art. 13 Oil Wells
Torrance Municipal Code · 2026-10 edition · updated 2026-10-05 · Torrance
Cite as: Torrance Municipal Code § 33.13 · Text as of 2026-10-05
33.13.1 LICENSE TAX.¶
(Amended by O-2843; O-3170; O-3229; O-3354; O-3364)
a) A license tax (called the spud-in-fee) of $505.00* shall be paid for initially drilling any oil or gas well hole.
b) A license tax of $505.00* shall be paid for each deepening of any oil or gas well hole.
c) In addition, an annual license tax of $563.0011
Get a plain-English answer with a citation back to this text.
Ask AI about this code