By: Brown S.B. No. 988
A BILL TO BE ENTITLED
AN ACT
1-1 relating to reports required from certain producers and purchasers
1-2 of oil.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subsection (a), Section 202.201, Tax Code, is
1-5 amended to read as follows:
1-6 (a) A producer authorized by the comptroller to remit the
1-7 tax due shall file with the comptroller, on or before the 25th day
1-8 of each calendar month, the report under this subsection and, as
1-9 applicable, the report under Subsection (d) showing the total oil
1-10 produced, used, lost or stolen, or possessed and otherwise
1-11 unaccounted for by the producer during the preceding calendar
1-12 month. The report under this subsection must show:
1-13 (1) the number of barrels of oil produced from each
1-14 lease;
1-15 (2) each county [the counties] in which each lease
1-16 from which oil was produced is located;
1-17 (3) the name, address, and taxpayer identification
1-18 number assigned by the comptroller of each first purchaser of oil
1-19 and for each the amount of oil purchased from each lease;
1-20 (4) the payment [price, by amounts,] received for the
1-21 oil from [for] each first purchaser from each lease from which oil
1-22 was produced;
1-23 (5) the name and lease identification number of each
2-1 [the] lease from which the oil was produced; and
2-2 (6) other information the comptroller may reasonably
2-3 require.
2-4 SECTION 2. Subsection (a), Section 202.202, Tax Code, is
2-5 amended to read as follows:
2-6 (a) On or before the 25th day of each calendar month, each
2-7 first purchaser or his authorized agent shall file a report with
2-8 the comptroller. The report must contain the following information
2-9 concerning oil purchased from a producer during the preceding
2-10 calendar month:
2-11 (1) the number of barrels of oil purchased from each
2-12 lease for each producer;
2-13 (2) the amount [price] paid to each producer for each
2-14 lease from which [the] oil was purchased;
2-15 (3) the name and address of each producer;
2-16 (4) each county [the counties] in which each lease
2-17 from which the purchased oil was produced is located;
2-18 (5) the name and lease identification number of each
2-19 lease [names of the leases] from which the purchased oil was
2-20 produced; and
2-21 (6) other information the comptroller may reasonably
2-22 require.
2-23 SECTION 3. This Act takes effect September 1, 1997, and
2-24 applies to a report due on or after that date.
2-25 SECTION 4. The importance of this legislation and the
3-1 crowded condition of the calendars in both houses create an
3-2 emergency and an imperative public necessity that the
3-3 constitutional rule requiring bills to be read on three several
3-4 days in each house be suspended, and this rule is hereby suspended.
3-5 COMMITTEE AMENDMENT NO. 1
3-6 Amend Section 3 of SB 988 to read as follows:
3-7 SECTION 3. This Act takes effect [September] January 1,
3-8 [1997] 1998, and applies to a report due on or after that date.
3-9 Holzheauser