81R26953 SMH-D | ||
By: Uresti | S.B. No. 2557 |
|
||
|
||
relating to the appraisal for ad valorem tax purposes of a real | ||
property interest in oil or gas in place. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 23.175, Tax Code, is repealed. | ||
SECTION 2. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect January 1, 2010. |