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Amend HB 3314 (Senate committee printing) by adding the 
following appropriately numbered SECTION to read as follows and 
renumbering subsequent SECTIONS accordingly:
	SECTION __. (a)  Subsection (b), Section 202.061, Tax Code, 
is amended to read as follows:
	(b)  The taxpayer responsible for the payment of severance 
taxes on the production from a marginal well in this state on which 
enhanced efficiency equipment is installed and used is entitled to 
a credit in an amount equal to 10 percent of the cost of the 
equipment, provided that:
		(1)  the cumulative total of all severance tax credits 
authorized by this section may not exceed $1,000 for any marginal 
well;
		(2)  the enhanced efficiency equipment installed in a 
qualifying marginal well must have been purchased and installed not 
earlier than September 1, 2005, or later than September 1, 2013
[2009];
		(3)  the taxpayer must file an application with the 
comptroller for the credit and must demonstrate to the comptroller 
that the enhanced efficiency equipment has been purchased and 
installed in the marginal well within the period prescribed by 
Subdivision (2);
		(4)  the number of applications the comptroller may 
approve each state fiscal year may not exceed a number equal to one 
percent of the producing marginal wells in this state on September 1 
of that state fiscal year, as determined by the comptroller; and
		(5)  the manufacturer of the enhanced efficiency 
equipment must obtain an evaluation of the product under Subsection 
(a).
	(b)  Notwithstanding any other provision of this Act, this 
section takes effect September 1, 2007.