Natural Resources Code › Title 2 › Chapter 53 › Subchapter E

Texas Natural Resources Code § 53.154

Royalty Rate

Minerals · Lease of Public School and Gulf Land for Coal, Lignite, Sulphur, Salt, and Potash

The board shall set the royalty rate on production of sulphur, coal, lignite, salt, and potash from land leased under this subchapter. The royalty rate set must be at least one-eighth of the gross production or the market value of the sulphur produced and at least one-sixteenth of the gross production or the market value of the coal, lignite, salt, and potash produced.

Official text of the Texas Natural Resources Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1979, 66th Leg., p. 49, ch. 29, Sec. 1, eff. April 3, 1979. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 63, eff. Sept. 1, 1993.