Tex. Tax Code § 201.054
This is the official text of Tex. Tax Code § 201.054, part of Texas’s Tax Code — governs state and local taxation.
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§ 201.054. TAX ON LIQUID HYDROCARBONS.
Official statutory text
(a) There is imposed on each producer a tax on the market value of liquid hydrocarbons, other than condensate, recovered from gas produced in the state by a producer.
(b) The rate of the tax imposed by this section is the same as the rate of the tax imposed by Section 201.052 of this code.
(b) The rate of the tax imposed by this section is the same as the rate of the tax imposed by Section 201.052 of this code.
Status: in_force · Read it on the official government site
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