Tax Code › Title 2 › Chapter 201 › Subchapter B

Texas Tax Code § 201.054

Tax on Liquid Hydrocarbons

Gas Production Tax · Tax Imposed

(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.

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

Official source
Legislative history

Acts 1981, 67th Leg., p. 1729, ch. 389, Sec. 1, eff. Jan. 1, 1982.

This section refers to

§ 201.052