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§ 201.103 — Texas Law | CourtGPT
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  3. Texas/
  4. Tax Code - Title 1 - Property Tax Code/
  5. Title 2 - State Taxation/
  6. Subtitle I - Severance Taxes/
  7. Chapter 201 - Gas Production Taxsub/
  8. Subchapter C - Determining Value/
  9. § 201.103
Texas Legal Code

§ 201.103

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If the consideration for the sale of gas includes products extracted from the gas, a portion of the residue gas, or both, the tax shall be computed on the gross value of all things of value received by the producer, including a bonus or premium. Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.