Texas Statutes
Subtitle I - Severance Taxes
Chapter 204 - Tax Credit for New Field Discoveries

Section 204.001. Definitions - Sec. 204.001. DEFINITIONS. In this chapter: (1) "Commission" means the...

Section 204.002. Tax Credit for New Field Discoveries - Sec. 204.002. TAX CREDIT FOR NEW FIELD DISCOVERIES. (a) Persons...

Section 204.003. Certification of New Field Discovery - Sec. 204.003. CERTIFICATION OF NEW FIELD DISCOVERY. (a) The commission...

Section 204.004. Tax Credit for Additional Wells in a New Field - Sec. 204.004. TAX CREDIT FOR ADDITIONAL WELLS IN A NEW...

Section 204.005. Application - Sec. 204.005. APPLICATION. To qualify for the tax credit, a...

Section 204.006. Applicability of Tax Credit - Sec. 204.006. APPLICABILITY OF TAX CREDIT. (a) Tax credits earned...

Section 204.007. Transferability of Tax Credit - Sec. 204.007. TRANSFERABILITY OF TAX CREDIT. The tax credit earned...

Section 204.008. Revocation of New Field Designation - Sec. 204.008. REVOCATION OF NEW FIELD DESIGNATION. (a) If the...

Section 204.009. Penalties - Sec. 204.009. PENALTIES. (a) Any person who makes or subscribes...

Section 204.010. Rules and Orders - Sec. 204.010. RULES AND ORDERS. The commission has broad discretion...