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§ 201.106 — Texas Law | CourtGPT
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  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. § 201.106
Texas Legal Code

§ 201.106

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The value of condensate for the purpose of computing the tax due on it is the prevailing price for condensate in the general area where it is recovered. Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.