80R10554 T
 
  By: Farabee H.B. No. 2810
 
 
 
   
 
 
A BILL TO BE ENTITLED
AN ACT
relating to natural gas reporting for severance tax purposes.
       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
       SECTION 1.  Section 201.203, Tax Code, is amended to read as
follows:
       Section 201.203.  Producer's Report.  (a)  On or before the
last day of each calendar month, each producer shall file a report
with the comptroller on forms prescribed by the comptroller.  The
report must contain the following information concerning gas
produced during the preceding calendar month:
             (1)  the gross amount of gas produced, and the thermal
(Btu) content of such gas, that is subject to the tax imposed by
this chapter;
             (2)  the leases from which the gas was produced;
             (3)  the names and addresses of the first purchasers of
the gas; and
             (4)  other information the comptroller may reasonably
require.
       (b)  If the report the producer is required to file shows
additional tax due, the producer must pay the additional tax when he
files the report.
       (c)  If the producer is required to report and pay the tax
under Section 201.2041 of this code, the producer's report shall
include for that gas any additional information required to be
reported by a first purchaser under Section 201.2035 of this code
for gas for which the first purchaser is required to pay the tax.
       SECTION 2.  Section 201.2035, Tax Code, is amended to read as
follows:
       Section 201.2035.  First Purchaser's Report.  (a)  On or
before the last day of each calendar month, each first purchaser
must file a report with the comptroller on forms prescribed by the
comptroller.  The report must contain the following information
concerning gas purchased from a producer during the preceding
calendar month:
             (1)  the gross amount of gas purchased, and the thermal
(Btu) content of such gas, from each producer;
             (2)  the price paid for the gas;
             (3)  the lease from which the gas was produced; and
             (4)  other information the comptroller may reasonably
require.
       (b)  If the report the first purchaser is required to file
shows any additional tax due, the first purchaser must pay the tax
when he files the report.
       SECTION 3.  This Act takes effect September 1, 2007.