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

Tex. Tax Code § 201.106: VALUE OF 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 value of condensate for the purpose of computing the tax due on it is the prevailing price for condensate in the general area where it is recovered.

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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