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Tex. Tax Code § 162.120

INFORMATION REQUIRED ON TERMINAL OPERATOR'S RETURN

Texas · Texas Tax Code · Status: effective

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Tex. Tax Code § 162.120, INFORMATION REQUIRED ON TERMINAL OPERATOR'S RETURN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575359
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(a) A terminal operator shall file with the comptroller a monthly information return and supplement showing the amount of gasoline received and removed from the terminal during the month. The return shall also contain the following summary information: (1) the beginning and ending inventory that relates to the applicable reporting month; (2) the number of net gallons of gasoline received in inventory at the terminal during the month; (3) the number of net gallons of gasoline removed from inventory at the terminal during the month; and (4) any other summary information required by the comptroller. (b) The comptroller may accept the Federal ExSTARS terminal operator report provided to the Internal Revenue Service instead of the required state terminal operator report.