Texas Statutes

§ 40.155 — DETERMINATION OF FEE.

Texas § 40.155
JurisdictionTexas
Code NRNatural Resources Code

This text of Texas § 40.155 (DETERMINATION OF FEE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Natural Resources Code Code Ann. § 40.155 (2026).

Text

Sec. 40.155. DETERMINATION OF FEE.

(a)Except as otherwise provided in this section, the rate of the fee shall be 1-1/3 cents per barrel of crude oil until the commissioner certifies that the unencumbered balance in the fund has reached $20 million. The commissioner shall certify to the comptroller the date on which the unencumbered balance in the fund exceeds $20 million. The fee shall not be collected or required to be paid on or after the first day of the second month following the commissioner's certification to the comptroller that the unencumbered balance in the fund exceeds $20 million.
(b)If the unencumbered balance in the fund falls below $10 million, the commissioner shall certify such fact to the comptroller. On receiving the commissioner's certification, the comptroller shall

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Legislative History

Added by Acts 1991, 72nd Leg., ch. 10, Sec. 1, eff. March 28, 1991. Amended by Acts 1995, 74th Leg., ch. 1058, Sec. 15, eff. Aug. 30, 1995. Amended by: Acts 2005, 79th Leg., Ch. 899 (S.B. 1863 ), Sec. 15.02, eff. August 29, 2005.

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Bluebook (online)
Texas § 40.155, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/40.155.