Tex. Tax Code § 202.052 · Subchapter B. TAX IMPOSED
RATE OF TAX.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The tax imposed by this chapter is at the rate of 4.6 percent of the market value of oil produced in this state or 4.6 cents for each barrel of 42 standard gallons of oil produced in this state, whichever rate results in the greater amount of tax.
(b) For oil produced in this state from a new or expanded enhanced recovery project that qualifies under Section 202.054 of this code, the rate of the tax imposed by this chapter is 2.3 percent of the market value of the oil.
(c) The exemptions described by Sections 202.056, 202.059, and 202.060 apply to oil produced in this state from a well that qualifies under Section 202.056, 202.059, or 202.060, subject to the certifications and approvals required by those sections.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1737, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1989, 71st Leg., ch. 795, Sec. 1, eff. Sept. 1, 1989; Acts 1991, 72nd Leg., ch. 604, Sec. 1, eff. Sept. 1, 1991; Acts 1993, 73rd Leg., ch. 1015, Sec. 1, eff. Sept. 1, 1993; Acts 1995, 74th Leg., ch. 989, Sec. 4, eff. Jan. 1, 1996.
Amended by:
Acts 2005, 79th Leg., Ch. 267 (H.B. 2161), Sec. 11, eff. January 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.202.htm
- Text hash
- sha256 b44e1da486a109f9efbcd5939f7ed11ddf277c263f49cf0dbc22f411dfac2dce
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Tax Code
- Tex. Tax Code § 202.054QUALIFICATION OF OIL FROM NEW OR EXPANDED ENHANCED RECOVERY PROJECT FOR SPECIAL TAX RATE.Printed as Section 202.054
- Tex. Tax Code § 202.056EXEMPTION FOR OIL AND GAS FROM WELLS PREVIOUSLY INACTIVE.Printed as Section 202.056, 202.059, or 202.060 | Sections 202.056, 202.059, and 202.060
- Tex. Tax Code § 202.059EXEMPTION FOR HYDROCARBONS FROM TERRA WELLS.Printed as Section 202.056, 202.059, or 202.060 | Sections 202.056, 202.059, and 202.060
- Tex. Tax Code § 202.060EXEMPTION FOR OIL AND GAS FROM REACTIVATED ORPHANED WELLS.Printed as Section 202.056, 202.059, or 202.060 | Sections 202.056, 202.059, and 202.060
Cited by 7 provisions
Provisions in this library whose text cites Tex. Tax Code § 202.052. Each shows the citation as that text prints it.
Natural Resources Code
Tax Code
- Tex. Tax Code § 201.055TAX ON CONDENSATE.Printed as Section 202.052
- Tex. Tax Code § 202.054QUALIFICATION OF OIL FROM NEW OR EXPANDED ENHANCED RECOVERY PROJECT FOR SPECIAL TAX RATE.Printed as Section 202.052(a) | Section 202.052(b)
- Tex. Tax Code § 202.0545TAX EXEMPTION FOR ENHANCED RECOVERY PROJECTS USING ANTHROPOGENIC CARBON DIOXIDE.Printed as Section 202.052(a) | Section 202.052(b)
- Tex. Tax Code § 202.056EXEMPTION FOR OIL AND GAS FROM WELLS PREVIOUSLY INACTIVE.Printed as Section 201.052(a) or 202.052(a)
- Tex. Tax Code § 202.057TAX CREDIT FOR INCREMENTAL PRODUCTION TECHNIQUES.Printed as Section 202.052(a)
- Tex. Tax Code § 202.058CREDITS FOR QUALIFYING LOW-PRODUCING OIL LEASES.Printed as Section 202.052
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.