Texas Utilities Code

§ 122.052 — DEDUCTION OF CERTAIN COSTS

UT § 122.052Title 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 gas utility is entitled to deduct from the utility's gross receipts the amount of the cost paid to another person by the utility for purchasing, treating, or storing natural gas or for gathering or transporting natural gas to the utility's facilities.

Legislative history

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