Tex. Tax Code Section 201.105
Value of Liquid Hydrocarbons Other than Condensate


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.
Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.

Source: Section 201.105 — Value of Liquid Hydrocarbons Other than Condensate, https://statutes.­capitol.­texas.­gov/Docs/TX/htm/TX.­201.­htm#201.­105 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 201.105’s source at texas​.gov