SALT Report 3038 – The Texas Comptroller has repealed the following regulations regarding the severance tax on crude oil production because they no longer apply.
Rule §3.36 – Estimated Tax Payments
This regulation was repealed because the statute that addresses odd-numbered calendar year estimated tax payments was repealed on September 1, 2001.
Rule §3.38 – Exemption for Hydrocarbons Produced from a Texas Experimental Research and Recovery Activity Well
This regulation was repealed because the TERRA program was repealed on September 1, 2001.
These provisions are effective October 1, 2013.
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