| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 85R731 SMH-D | |
| 2 | 2 | By: Craddick H.B. No. 119 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the listing of separate interests in minerals in place | |
| 8 | 8 | in ad valorem tax appraisal records. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 25.12(a), Tax Code, is amended to read as | |
| 11 | 11 | follows: | |
| 12 | 12 | (a) Except as provided by Subsection (b) [of this section], | |
| 13 | 13 | each separate interest in minerals in place shall be listed | |
| 14 | 14 | separately from other interests in the minerals in place in the name | |
| 15 | 15 | of the owner of the interest. The chief appraiser is responsible | |
| 16 | 16 | for ascertaining the ownership of interests in minerals in place on | |
| 17 | 17 | the basis of duly executed and recorded instruments of title and may | |
| 18 | 18 | not require an owner of a separate interest in minerals in place who | |
| 19 | 19 | is the operator designated with the railroad commission to provide | |
| 20 | 20 | information regarding ownership by others of separate interests in | |
| 21 | 21 | minerals in place as a condition for listing the interest of the | |
| 22 | 22 | operator separately from those other interests. | |
| 23 | 23 | SECTION 2. This Act takes effect September 1, 2017. |