Texas Statutes
Title 2 - State Taxation
Subtitle I - Severance Taxes

Section 201.057. Temporary Exemption or Tax Reduction for Certain High-Cost Gas - Sec. 201.057. TEMPORARY EXEMPTION OR TAX REDUCTION FOR CERTAIN HIGH-COST...

Section 201.058. Tax Exemptions - Sec. 201.058. TAX EXEMPTIONS. (a) The exemptions described by Sections...

Section 201.059. Credits for Qualifying Low-Producing Wells - Sec. 201.059. CREDITS FOR QUALIFYING LOW-PRODUCING WELLS. (a) In this...

Section 201.060. Exemption of Gas Incidentally Produced in Association With the Production of Geothermal Energy - Sec. 201.060. EXEMPTION OF GAS INCIDENTALLY PRODUCED IN ASSOCIATION WITH...

Subchapter C. Determining Value

Section 201.101. Market Value - Sec. 201.101. MARKET VALUE. (a) The market value of gas...

Section 201.102. Cash Sales - Sec. 201.102. CASH SALES. If gas is sold for cash...

Section 201.103. Value if Consideration Includes Extracts - Sec. 201.103. VALUE IF CONSIDERATION INCLUDES EXTRACTS. If the consideration...

Section 201.104. Returned Cycle Gas - Sec. 201.104. RETURNED CYCLE GAS. (a) If gas is processed...

Section 201.105. Value of Liquid Hydrocarbons Other Than Condensate - Sec. 201.105. VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE. The...

Section 201.106. Value of Condensate - Sec. 201.106. VALUE OF CONDENSATE. The value of condensate for...

Subchapter D. Records

Section 201.151. Producer's Records - Sec. 201.151. PRODUCER'S RECORDS. A producer shall keep accurate records...

Section 201.152. Purchaser's Records - Sec. 201.152. PURCHASER'S RECORDS. A purchaser shall keep accurate records...

Subchapter E. Reports and Payments

Section 201.201. Tax Due - Sec. 201.201. TAX DUE. The tax imposed by this chapter...

Section 201.202. Payment of Tax - Sec. 201.202. PAYMENT OF TAX. The tax imposed by this...

Section 201.203. Producer's Report - Sec. 201.203. PRODUCER'S REPORT. (a) On or before the 20th...

Section 201.2035. First Purchaser's Report - Sec. 201.2035. FIRST PURCHASER'S REPORT. (a) On or before the...

Section 201.204. First Purchaser to Pay Tax - Sec. 201.204. FIRST PURCHASER TO PAY TAX. (a) Except as...

Section 201.2041. Producer to Pay Tax on Certain Gas - Sec. 201.2041. PRODUCER TO PAY TAX ON CERTAIN GAS. If...

Section 201.205. Tax Borne Ratably - Sec. 201.205. TAX BORNE RATABLY. The tax shall be borne...

Section 201.206. Transfer of Ownership - Sec. 201.206. TRANSFER OF OWNERSHIP. (a) If a gas-producing lease...

Section 201.207. Determination of Overpaid Amounts - Sec. 201.207. DETERMINATION OF OVERPAID AMOUNTS. (a) This section applies...

Subchapter F. Liability for Tax

Section 201.251. Liability of Producer and Purchaser - Sec. 201.251. LIABILITY OF PRODUCER AND PURCHASER. (a) The tax...

Section 201.252. Producer's Remedy - Sec. 201.252. PRODUCER'S REMEDY. If a purchaser withholds the amount...

Subchapter G. Enforcement

Section 201.301. Investigations - Sec. 201.301. INVESTIGATIONS. The comptroller may enter the premises of...

Section 201.302. Audits - Sec. 201.302. AUDITS. (a) The comptroller shall employ auditors and...

Section 201.3021. Managed Audits - Sec. 201.3021. MANAGED AUDITS. (a) In this section, "managed audit"...

Section 201.303. Tax Lien - Sec. 201.303. TAX LIEN. (a) If a tax imposed by...

Section 201.304. Suit for Taxes; Sworn Denial - Sec. 201.304. SUIT FOR TAXES; SWORN DENIAL. Rule 185, Texas...

Subchapter H. Penalties

Section 201.351. Delinquent Tax; Penalty - Sec. 201.351. DELINQUENT TAX; PENALTY. (a) A person who fails...

Section 201.352. Unlawful Removal of Gas - Sec. 201.352. UNLAWFUL REMOVAL OF GAS. On notice from the...

Section 201.353. Incomplete Records or Reports; Concealing Property Under Lien; Penalty - Sec. 201.353. INCOMPLETE RECORDS OR REPORTS; CONCEALING PROPERTY UNDER LIEN;...

Section 201.354. Collection of Civil Penalty - Sec. 201.354. COLLECTION OF CIVIL PENALTY. (a) The attorney general...

Section 201.355. General Penalty - Sec. 201.355. GENERAL PENALTY. (a) A person commits an offense...

Subchapter I. Classification of Tax and Allocation of Revenue

Section 201.401. Occupation Tax - Sec. 201.401. OCCUPATION TAX. The tax imposed by this chapter...

Section 201.402. Penalty Collected for Audits or Investigations - Sec. 201.402. PENALTY COLLECTED FOR AUDITS OR INVESTIGATIONS. A penalty...

Section 201.403. Tax Set Aside - Sec. 201.403. TAX SET ASIDE. One-half of one percent of...

Section 201.404. Allocation of Revenue - Sec. 201.404. ALLOCATION OF REVENUE. After deducting the amount required...

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...

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...

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Texas Statutes Title 2 - State Taxation Subtitle I - Severance Taxes

Texas Statutes
Title 2 - State Taxation
Subtitle I - Severance Taxes