Texas SB1158 repeals the temporary tax reduction for certain high-cost gas.

Texas SB1158 repeals the temporary tax reduction for certain high-cost gas. The bill amends the Natural Resources Code to ensure that certain exemptions and reductions do not affect fees. It also repeals Section 201.057 of the Tax Code, which provided the tax reduction. The changes do not affect tax liability accruing before the effective date of the Act, which is September 1, 2025.

Texas SB1158 repeals the temporary tax reduction for certain high-cost gas.

Texas SB1158 repeals the temporary tax reduction for certain high-cost gas. The bill amends the Natural Resources Code to ensure that certain exemptions and reductions do not affect fees. It also repeals Section 201.057 of the Tax Code, which provided the tax reduction. The changes do not affect tax liability accruing before the effective date of the Act, which is September 1, 2025.