34 Tex. Admin. Code § 3.731 - Oil-Field Cleanup Regulatory Fee on Oil
(a) Imposition. The oil-field cleanup
regulatory fee on oil is imposed upon taxpayers who are liable for the oil
production tax under Tax Code, §
202.153 (First Purchaser to
Pay Tax) or §202.154 (Producer to Pay Tax on Oil Not Sold).
(b) Reports. The fee is reported and paid on
the crude oil tax report forms in the same manner as the oil production tax
imposed by Tax Code, Chapter 202 (Oil Production Tax).
(c) Amount of fee.
(1) The rate of the fee is five-eighths of
$.01 ($.00625) per each standard 42-gallon barrel of crude oil
produced.
(2) Volume subject to the
fee. The fee is due on all barrels of oil produced, except an interest owned by
a governmental entity as defined in §
3.34 of this title (relating to
Exemption of Certain Royalty Interests from Oil Occupation Taxes and Regulation
Pipeline Taxes).
(d)
Penalty and interest. Tax Code, Chapter 202 (Oil Production Tax) applies to the
administration and collection of the fee, and the penalty and interest
provisions of that chapter apply to any person who fails to pay or report the
fee.
(e) Exemptions and reductions.
The exemptions and reductions set out in Tax Code, §§
202.052 (Rate of Tax),
202.054 (Qualification of Oil from New or Expanded Enhanced Recovery Project
for Special Tax Rate), 202.056 (Exemption for Oil and Gas from Wells Previously
Inactive), 202.057 (Tax Credit for Incremental Production Techniques), 202.059
(Exemption for Hydrocarbons from Terra Wells), and 202.060 (Exemption for Oil
and Gas from Reactivated Orphaned Wells), do not affect the fee imposed by this
section.
Notes
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