Sec. 202.063. EXEMPTION OF OIL INCIDENTALLY PRODUCED IN ASSOCIATION WITH THE PRODUCTION OF GEOTHERMAL ENERGY. Oil incidentally produced in association with the production of geothermal energy is not subject to the tax imposed by this chapter.
Added by Acts 2009, 81st Leg., R.S., Ch. 1036 (H.B. 4433), Sec. 2, eff. September 1, 2009.
Structure Texas Statutes
Chapter 202 - Oil Production Tax
Section 202.0545. Tax Exemption for Enhanced Recovery Projects Using Anthropogenic Carbon Dioxide
Section 202.056. Exemption for Oil and Gas From Wells Previously Inactive
Section 202.057. Tax Credit for Incremental Production Techniques
Section 202.058. Credits for Qualifying Low-Producing Oil Leases
Section 202.059. Exemption for Hydrocarbons From Terra Wells
Section 202.060. Exemption for Oil and Gas From Reactivated Orphaned Wells
Section 202.061. Tax Credit for Enhanced Efficiency Equipment