Texas Statutes
Subtitle I - Severance Taxes
Chapter 202 - Oil Production Tax

Subchapter A. General Provisions

Section 202.001. Definitions - Sec. 202.001. DEFINITIONS. In this chapter: (1) "Carrier" means a...

Section 202.002. Production and Measurement of Oil - Sec. 202.002. PRODUCTION AND MEASUREMENT OF OIL. (a) "Production" means...

Section 202.003. Agreement to Pay Tax Not Impaired - Sec. 202.003. AGREEMENT TO PAY TAX NOT IMPAIRED. This code...

Section 202.004. Inspection of Records and Reports - Sec. 202.004. INSPECTION OF RECORDS AND REPORTS. A person required...

Section 202.005. Employment of Auditors - Sec. 202.005. EMPLOYMENT OF AUDITORS. The comptroller may employ auditors...

Section 202.006. Taxpayer Identification Number - Sec. 202.006. TAXPAYER IDENTIFICATION NUMBER. (a) Except as otherwise provided...

Subchapter B. Tax Imposed

Section 202.051. Tax Imposed - Sec. 202.051. TAX IMPOSED. There is imposed a tax on...

Section 202.052. Rate of Tax - Sec. 202.052. RATE OF TAX. (a) The tax imposed by...

Section 202.053. Market Value - Sec. 202.053. MARKET VALUE. The market value of oil is...

Section 202.054. Qualification of Oil From New or Expanded Enhanced Recovery Project for Special Tax Rate - Sec. 202.054. QUALIFICATION OF OIL FROM NEW OR EXPANDED ENHANCED...

Section 202.0545. Tax Exemption for Enhanced Recovery Projects Using Anthropogenic Carbon Dioxide - Sec. 202.0545. TAX EXEMPTION FOR ENHANCED RECOVERY PROJECTS USING ANTHROPOGENIC...

Section 202.056. Exemption for Oil and Gas From Wells Previously Inactive - Sec. 202.056. EXEMPTION FOR OIL AND GAS FROM WELLS PREVIOUSLY...

Section 202.057. Tax Credit for Incremental Production Techniques - Sec. 202.057. TAX CREDIT FOR INCREMENTAL PRODUCTION TECHNIQUES. (a) In...

Section 202.058. Credits for Qualifying Low-Producing Oil Leases - Sec. 202.058. CREDITS FOR QUALIFYING LOW-PRODUCING OIL LEASES. (a) In...

Section 202.059. Exemption for Hydrocarbons From Terra Wells - Sec. 202.059. EXEMPTION FOR HYDROCARBONS FROM TERRA WELLS. (a) Hydrocarbons...

Section 202.060. Exemption for Oil and Gas From Reactivated Orphaned Wells - Sec. 202.060. EXEMPTION FOR OIL AND GAS FROM REACTIVATED ORPHANED...

Section 202.061. Tax Credit for Enhanced Efficiency Equipment - Sec. 202.061. TAX CREDIT FOR ENHANCED EFFICIENCY EQUIPMENT. (a) In...

Section 202.063. Exemption of Oil Incidentally Produced in Association With the Production of Geothermal Energy - Sec. 202.063. EXEMPTION OF OIL INCIDENTALLY PRODUCED IN ASSOCIATION WITH...

Subchapter C. Records

Section 202.101. Producer's Records - Sec. 202.101. PRODUCER'S RECORDS. A producer shall keep accurate records...

Section 202.102. First Purchaser's Records - Sec. 202.102. FIRST PURCHASER'S RECORDS. A first purchaser shall keep...

Section 202.103. Subsequent Purchaser's Records - Sec. 202.103. SUBSEQUENT PURCHASER'S RECORDS. A subsequent purchaser shall keep...

Section 202.104. Royalty Owner's Records - Sec. 202.104. ROYALTY OWNER'S RECORDS. The owner of a royalty...

Section 202.105. Carrier's Records - Sec. 202.105. CARRIER'S RECORDS. A carrier shall keep accurate monthly...

Subchapter D. Payments

Section 202.151. Tax Due - Sec. 202.151. TAX DUE. The tax imposed by this chapter...

Section 202.152. Payment of Tax - Sec. 202.152. PAYMENT OF TAX. The tax imposed by this...

Section 202.153. First Purchaser to Pay Tax - Sec. 202.153. FIRST PURCHASER TO PAY TAX. (a) A first...

Section 202.154. Producer to Pay Tax on Oil Not Sold - Sec. 202.154. PRODUCER TO PAY TAX ON OIL NOT SOLD....

Section 202.155. Purchaser to Pay Tax on Oil From Property Under Legal Constraint - Sec. 202.155. PURCHASER TO PAY TAX ON OIL FROM PROPERTY...

Section 202.156. Tax Borne Ratably - Sec. 202.156. TAX BORNE RATABLY. The tax shall be borne...

Subchapter E. Reports

Section 202.201. Producer's Report - Sec. 202.201. PRODUCER'S REPORT. (a) A producer authorized by the...

Section 202.202. First Purchaser's Report - Sec. 202.202. FIRST PURCHASER'S REPORT. (a) On or before the...

Section 202.204. Reports of Carrier - Sec. 202.204. REPORTS OF CARRIER. A carrier shall provide information...

Section 202.205. Transfer of Ownership - Sec. 202.205. TRANSFER OF OWNERSHIP. (a) If an oil-producing lease...

Subchapter F. Liability for Tax

Section 202.251. Liability of Producer and Purchaser - Sec. 202.251. LIABILITY OF PRODUCER AND PURCHASER. The tax imposed...

Section 202.252. Producer's Remedy - Sec. 202.252. PRODUCER'S REMEDY. If a purchaser withholds the amount...

Subchapter G. Enforcement

Section 202.301. Delinquent Taxes: Penalty - Sec. 202.301. DELINQUENT TAXES: PENALTY. (a) A person who fails...

Section 202.302. Tax Lien - Sec. 202.302. TAX LIEN. The state has a prior and...

Section 202.303. Forced Sale by Officer - Sec. 202.303. FORCED SALE BY OFFICER. (a) A peace officer...

Section 202.304. Suit for Taxes; Sworn Denial - Sec. 202.304. SUIT FOR TAXES; SWORN DENIAL. Rule 185, Texas...

Section 202.305. Unlawful Removal of Oil - Sec. 202.305. UNLAWFUL REMOVAL OF OIL. On notice from the...

Section 202.306. Inspector Has Free Access - Sec. 202.306. INSPECTOR HAS FREE ACCESS. A person appointed by...

Section 202.307. Incomplete Records or Reports; Concealing Property Under Lien; Penalty - Sec. 202.307. INCOMPLETE RECORDS OR REPORTS; CONCEALING PROPERTY UNDER LIEN;...

Subchapter H. Classification of Tax and Allocation of Revenue

Section 202.351. Occupation Tax - Sec. 202.351. OCCUPATION TAX. The tax imposed by this chapter...

Section 202.352. Tax Set Aside - Sec. 202.352. TAX SET ASIDE. One-half of one percent of...

Section 202.353. Allocation of Revenue - Sec. 202.353. ALLOCATION OF REVENUE. After deducting the amount required...

Section 202.354. Dedication to Texas Tuition Assistance Grant Program - Sec. 202.354. DEDICATION TO TEXAS TUITION ASSISTANCE GRANT PROGRAM. The...