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Texas Utilities Code

§ 122.051 — TAX IMPOSED; RATE

UT § 122.051Title 3. GAS REGULATION · Part B. REGULATION OF TRANSPORTATION AND USE · Ch. 122. GAS UTILITY PIPELINE TAX · Art. B. TAX IMPOSED

Statute text

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(a)A tax is imposed on each gas utility.
(b)The gas utility tax is imposed at the rate of one-half of one percent of the gross income of the gas utility.

Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.