{"data":{"id":"us-tx/tex.-tax-code-201.105","jurisdiction":"us-tx","citation":"Tex. Tax Code § 201.105","heading":"VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE.","body":"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.\nActs 1981, 67th Leg., p. 1730, 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 C. DETERMINING VALUE"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.201.htm#201.105","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"b7336da60156d33638bc560df8d7a35a3370ab7c30a56406a4b0a60ac2204723","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-201.104","next":"us-tx/tex.-tax-code-201.106"},"notice":"GroundRules: Original legal text. Not legal advice."}