1-1 By: Brown S.B. No. 988
1-2 (In the Senate - Filed March 6, 1997; March 10, 1997, read
1-3 first time and referred to Committee on Natural Resources;
1-4 April 4, 1997, reported adversely, with favorable Committee
1-5 Substitute by the following vote: Yeas 10, Nays 0; April 4, 1997,
1-6 sent to printer.)
1-7 COMMITTEE SUBSTITUTE FOR S.B. No. 988 By: Brown
1-8 A BILL TO BE ENTITLED
1-9 AN ACT
1-10 relating to reports required from certain producers and purchasers
1-11 of oil.
1-12 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-13 SECTION 1. Subsection (a), Section 202.201, Tax Code, is
1-14 amended to read as follows:
1-15 (a) A producer authorized by the comptroller to remit the
1-16 tax due shall file with the comptroller, on or before the 25th day
1-17 of each calendar month, the report under this subsection and, as
1-18 applicable, the report under Subsection (d) showing the total oil
1-19 produced, used, lost or stolen, or possessed and otherwise
1-20 unaccounted for by the producer during the preceding calendar
1-21 month. The report under this subsection must show:
1-22 (1) the number of barrels of oil produced from each
1-23 lease;
1-24 (2) each county [the counties] in which each lease
1-25 from which oil was produced is located;
1-26 (3) the name, address, and taxpayer identification
1-27 number assigned by the comptroller of each first purchaser of oil
1-28 and for each the amount of oil purchased from each lease;
1-29 (4) the payment [price, by amounts,] received for the
1-30 oil from [for] each first purchaser from each lease from which oil
1-31 was produced;
1-32 (5) the name and lease identification number of each
1-33 [the] lease from which the oil was produced; and
1-34 (6) other information the comptroller may reasonably
1-35 require.
1-36 SECTION 2. Subsection (a), Section 202.202, Tax Code, is
1-37 amended to read as follows:
1-38 (a) On or before the 25th day of each calendar month, each
1-39 first purchaser or his authorized agent shall file a report with
1-40 the comptroller. The report must contain the following information
1-41 concerning oil purchased from a producer during the preceding
1-42 calendar month:
1-43 (1) the number of barrels of oil purchased from each
1-44 lease for each producer;
1-45 (2) the amount [price] paid to each producer for each
1-46 lease from which [the] oil was purchased;
1-47 (3) the name and address of each producer;
1-48 (4) each county [the counties] in which each lease
1-49 from which the purchased oil was produced is located;
1-50 (5) the name and lease identification number of each
1-51 lease [names of the leases] from which the purchased oil was
1-52 produced; and
1-53 (6) other information the comptroller may reasonably
1-54 require.
1-55 SECTION 3. This Act takes effect September 1, 1997, and
1-56 applies to a report due on or after that date.
1-57 SECTION 4. The importance of this legislation and the
1-58 crowded condition of the calendars in both houses create an
1-59 emergency and an imperative public necessity that the
1-60 constitutional rule requiring bills to be read on three several
1-61 days in each house be suspended, and this rule is hereby suspended.
1-62 * * * * *