Tex. Tax Code § 201.105 · Subchapter C. DETERMINING VALUE
VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The taxable value of liquid hydrocarbons other than condensate is the producer's total gross receipts for all liquid hydrocarbons, including condensate, recovered from gas produced by him less the taxable value of the condensate recovered from that gas.
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 be8873b0b7c8b36ce5882ccf4a58ac0a7e087ade981eb777a09391507c09d665
- 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
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.