| 1 | 1 | | 87R3208 SMT-D |
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| 2 | 2 | | By: Eckhardt S.B. No. 310 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the repeal of the temporary tax reduction for certain |
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| 8 | 8 | | high-cost gas. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 81.117(d), Natural Resources Code, is |
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| 11 | 11 | | amended to read as follows: |
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| 12 | 12 | | (d) The exemptions and reductions set out in Sections |
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| 13 | 13 | | 201.053, [201.057,] 201.058, and 202.060, Tax Code, do not affect |
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| 14 | 14 | | the fee imposed by this section. |
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| 15 | 15 | | SECTION 2. Section 201.057, Tax Code, is repealed. |
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| 16 | 16 | | SECTION 3. (a) Subject to Subsection (b) of this section, |
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| 17 | 17 | | the change in law made by this Act does not affect tax liability |
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| 18 | 18 | | accruing before the effective date of this Act. That liability |
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| 19 | 19 | | continues in effect as if this Act had not been enacted, and the |
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| 20 | 20 | | former law is continued in effect for the collection of taxes due |
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| 21 | 21 | | and for civil and criminal enforcement of the liability for those |
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| 22 | 22 | | taxes. |
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| 23 | 23 | | (b) The tax reduction provided by Section 201.057, Tax Code, |
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| 24 | 24 | | as repealed by this Act, does not apply to gas produced on or after |
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| 25 | 25 | | the effective date of this Act, regardless of whether the |
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| 26 | 26 | | comptroller approved a tax reduction under Section 201.057 that |
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| 27 | 27 | | would have applied to the gas on or after the effective date of this |
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| 28 | 28 | | Act had Section 201.057 not been repealed. |
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| 29 | 29 | | SECTION 4. This Act takes effect September 1, 2021. |
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