Texas § TX.201.058 - TAX EXEMPTIONS
Full text of Texas The Texas Constitution § TX.201.058 — TAX EXEMPTIONS, with citation guidance and answers to common questions.
§ TX.201.058. TAX EXEMPTIONS
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. 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. Subsec. (g) of this section provided for the expiration of the section on Sept. 1, 2007. Subsec. (g) was repealed by Acts 2007, 80th Leg., R.S., Ch. 911 (H.B. 2982 ), Sec. 4, which was effective January 1, 2008, after the section had expired.
Frequently Asked Questions About Texas § TX.201.058
What does The Texas Constitution § TX.201.058 cover?
Section TX.201.058 ("TAX EXEMPTIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § TX.201.058?
A common citation format is "The Texas Constitution § TX.201.058" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § TX.201.058 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.