Tex. Tax Code § 201.103 · Subchapter C. DETERMINING VALUE
VALUE IF CONSIDERATION INCLUDES EXTRACTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If the consideration for the sale of gas includes products extracted from the gas, a portion of the residue gas, or both, the tax shall be computed on the gross value of all things of value received by the producer, including a bonus or premium.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.201.htm
- Text hash
- sha256 28eb20a7d2f28cc0199b4adcdd0b72c9244b90bc76bb9209733b4b7f3c13a489
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Tax Code § 201.103. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.