Texas § 201.058 TAX EXEMPTIONS.

Texas Statutes

§ 201.058 — TAX EXEMPTIONS.

Texas § 201.058

Code TXTax Code

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Bluebook

Tex. Tax Code Code Ann. § 201.058 (2026).

Text

Sec. 201.058. TAX EXEMPTIONS.

(a)The exemptions described by Sections 202.056 , 202.057 , and 202.060 apply to the taxes imposed by this chapter as authorized by and subject to the certifications and approvals required by those sections.

(b)Operators increasing production by marketing gas from an oil well or lease that has been released into the air for 12 months or more pursuant to the rules of the commission shall be entitled to an exemption from the tax imposed by this chapter on the production resulting from the marketing of such gas for the life of the well or lease.

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Sec. 201.058. TAX EXEMPTIONS. (a) The exemptions described by Sections 202.056 , 202.057 , and 202.060 apply to the taxes imposed by this chapter as authorized by and subject to the certifications and approvals required by those sections.
(b) Operators increasing production by marketing gas from an oil well or lease that has been released into the air for 12 months or more pursuant to the rules of the commission shall be entitled to an exemption from the tax imposed by this chapter on the production resulting from the marketing of such gas for the life of the well or lease.

Legislative History

Added by Acts 1995, 74th Leg., ch. 989, Sec. 3, eff. Jan. 1, 1996. Amended by Acts 1997, 75th Leg., ch. 1060, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2005, 79th Leg., Ch. 267 (H.B. 2161 ), Sec. 8, eff. January 1, 2006. Acts 2009, 81st Leg., R.S., Ch. 10 (S.B. 997 ), Sec. 1, eff. September 1, 2009.