yourstate.us
Home / Texas / Tax Code
Tex. Tax Code § 201.105

VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE

Texas · Texas Tax Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Tax Code § 201.105, VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575762
Permanent ID
ys:prov:575762@1
SHA-256
be8873b0b7c8b36ce5882ccf4a58ac0a7e087ade981eb777a09391507c09d665

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The taxable value of liquid hydrocarbons other than condensate is the producer's total gross receipts for all liquid hydrocarbons, including condensate, recovered from gas produced by him less the taxable value of the condensate recovered from that gas.