{"data":{"id":"us-tx/tex.-tax-code-201.054","jurisdiction":"us-tx","citation":"Tex. Tax Code § 201.054","heading":"TAX ON LIQUID HYDROCARBONS.","body":"(a) There is imposed on each producer a tax on the market value of liquid hydrocarbons, other than condensate, recovered from gas produced in the state by a producer.\n(b) The rate of the tax imposed by this section is the same as the rate of the tax imposed by Section 201.052 of this code.\nActs 1981, 67th Leg., p. 1729, ch. 389, Sec. 1, eff. Jan. 1, 1982.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE I. SEVERANCE TAXES","CHAPTER 201. GAS PRODUCTION TAX","SUBCHAPTER B. TAX IMPOSED"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.201.htm#201.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"da483c3f7c989f42e73522785c61e04e25e9c47885b90d47b3aed55cb4b38ee9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-201.053","next":"us-tx/tex.-tax-code-201.055"},"notice":"GroundRules: Original legal text. Not legal advice."}