Tex. Tax Code § 202.154 · Subchapter D. PAYMENTS
PRODUCER TO PAY TAX ON OIL NOT SOLD.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If the producer does not sell oil produced in the same month it is produced, the producer shall pay the tax imposed by this chapter as if the oil were sold that month. In such a case, the working interest operator may pay the tax and deduct it from the interest of other interest holders.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1739, 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.202.htm
- Text hash
- sha256 5169ddd499253b2bf30fce1f5f8fcb63f4604b27f60dfd050730939cd41d528a
- 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.