Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 201.055 - Tax on Condensate(a) There is imposed on each producer a tax measured by the amount of condensate recovered from gas produced in this state by a producer.(b) The tax imposed by this section is at the same rate as the rate of the tax imposed on oil by Section 202.052 of this code. Acts 1981, 67th Leg., p. 1729, ch. 389, Sec. 1, eff. Jan. 1, 1982.