TAX ON LIQUID HYDROCARBONS.

Tex. TAX Code § 201.054.
in effect
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(a) There is imposed on each producer a tax on the market value of liquid hydrocarbons, other than condensate, recovered from gas produced in the state by a producer. (b) The rate of the tax imposed by this section is the same as the rate of the tax imposed by Section 201.052 of this code.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026