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A BILL TO BE ENTITLED
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AN ACT
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relating to the repeal of the temporary tax reduction for certain |
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high-cost gas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 81.117(d), Natural Resources Code, is |
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amended to read as follows: |
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(d) The exemptions and reductions set out in Sections |
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201.053, [201.057,] 201.058, and 202.060, Tax Code, do not affect |
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the fee imposed by this section. |
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SECTION 2. Section 201.057, Tax Code, is repealed. |
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SECTION 3. (a) Subject to Subsection (b) of this section, |
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the change in law made by this Act does not affect tax liability |
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accruing before the effective date of this Act. That liability |
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continues in effect as if this Act had not been enacted, and the |
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former law is continued in effect for the collection of taxes due |
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and for civil and criminal enforcement of the liability for those |
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taxes. |
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(b) The tax reduction provided by Section 201.057, Tax Code, |
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as repealed by this Act, does not apply to gas produced on or after |
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the effective date of this Act, regardless of whether the |
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comptroller approved a tax reduction under Section 201.057 that |
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would have applied to the gas on or after the effective date of this |
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Act had Section 201.057 not been repealed. |
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SECTION 4. This Act takes effect September 1, 2025. |