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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Tax Code § 201.105: VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE.

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Where this section sits in the code
  1. TAX CODE
  2. TITLE 2. STATE TAXATION
  3. SUBTITLE I. SEVERANCE TAXES
  4. CHAPTER 201. GAS PRODUCTION TAX
  5. SUBCHAPTER C. DETERMINING VALUE

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.

Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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