Bill Text: TX SB1158 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the repeal of the temporary tax reduction for certain high-cost gas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-02-07 - Filed [SB1158 Detail]
Download: Texas-2025-SB1158-Introduced.html
| 89R4901 RDS-D | ||
| By: Eckhardt | S.B. No. 1158 | |
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| relating to the repeal of the temporary tax reduction for certain | ||
| high-cost gas. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 81.117(d), Natural Resources Code, is | ||
| amended to read as follows: | ||
| (d) The exemptions and reductions set out in Sections | ||
| 201.053, [ |
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| the fee imposed by this section. | ||
| SECTION 2. Section 201.057, Tax Code, is repealed. | ||
| SECTION 3. (a) Subject to Subsection (b) of this section, | ||
| the change in law made by this Act does not affect tax liability | ||
| accruing before the effective date of this Act. That liability | ||
| continues in effect as if this Act had not been enacted, and the | ||
| former law is continued in effect for the collection of taxes due | ||
| and for civil and criminal enforcement of the liability for those | ||
| taxes. | ||
| (b) The tax reduction provided by Section 201.057, Tax Code, | ||
| as repealed by this Act, does not apply to gas produced on or after | ||
| the effective date of this Act, regardless of whether the | ||
| comptroller approved a tax reduction under Section 201.057 that | ||
| would have applied to the gas on or after the effective date of this | ||
| Act had Section 201.057 not been repealed. | ||
| SECTION 4. This Act takes effect September 1, 2025. | ||
