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Tex. Tax Code § 201.106

VALUE OF CONDENSATE

Texas · Texas Tax Code · Status: effective

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Tex. Tax Code § 201.106, VALUE OF CONDENSATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575763
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The value of condensate for the purpose of computing the tax due on it is the prevailing price for condensate in the general area where it is recovered.