85R731 SMH-D
By: Seliger S.B. No. 676
A BILL TO BE ENTITLED
AN ACT
relating to the listing of separate interests in minerals in place
in ad valorem tax appraisal records.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 25.12(a), Tax Code, is amended to read as
follows:
(a) Except as provided by Subsection (b) [of this section],
each separate interest in minerals in place shall be listed
separately from other interests in the minerals in place in the name
of the owner of the interest. The chief appraiser is responsible
for ascertaining the ownership of interests in minerals in place on
the basis of duly executed and recorded instruments of title and may
not require an owner of a separate interest in minerals in place who
is the operator designated with the railroad commission to provide
information regarding ownership by others of separate interests in
minerals in place as a condition for listing the interest of the
operator separately from those other interests.
SECTION 2. This Act takes effect September 1, 2017.