{"data":{"id":"us-tx/tex.-tax-code-204.008","jurisdiction":"us-tx","citation":"Tex. Tax Code § 204.008","heading":"REVOCATION OF NEW FIELD DESIGNATION.","body":"(a) If the commission determines that a designated new field is connected with another recognized field, the tax credit provided by this chapter is canceled.\n(b) Persons responsible for paying the severance tax will not be liable for any taxes offset by tax credits available under this chapter prior to the date of cancellation unless the tax credits were obtained in violation of this chapter or any rules or orders of the commission.\nAdded by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE I. SEVERANCE TAXES","CHAPTER 204. TAX CREDIT FOR NEW FIELD DISCOVERIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.204.htm#204.008","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"a0eb42d299e2295788eef8a7c8fef18c4993357625a3900b34d14fad0d0e0166","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-204.007","next":"us-tx/tex.-tax-code-204.009"},"notice":"GroundRules: Original legal text. Not legal advice."}