Texas Register, Volume 31, Number 43, Pages 8783-8922, October 27, 2006 Page: 8,827
8783-8922 p. ; 28 cm.View a full description of this periodical.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
schedule of charges for access to and copies of public informa-
tion and will more fairly compensate the state for the cost of pro-
viding such service.
Comments may be submitted to Mr. Walter Talley, Texas Regis-
ter Liaison, Texas General Land Office, P.O. Box 12873, Austin,
Texas 78711, facsimile number (512) 463-6311 or by e-mail to
walter.talley@glo.state.tx.us. In order to be considered, com-
ments must be received no later than thirty (30) days from the
date of publication of this notice.
The amendments are proposed under 31.051, 31.064, 51.174
and 52.324 of the Texas Natural Resources Code which provides
the GLO with authorization to promulgate rules and to set and
collect certain fees.
Texas Government Code, Chapter 552, and Texas Natural Re-
sources Code, Chapters 31, 32, 33, 51 and 52 are affected by
the proposed amendments.
3.31. Fees.
(a) (No change.)
(b) General Land Office fees. The commissioner is authorized
and required to collect the following fees where applicable.
(1) - (3) (No change.)
(4) Maps and sketches: The General Land Office, Survey-
ing Division reserves the right to deny duplication of any map or docu-
ment in the Surveying Division considered too fragile or brittle to safely
copy.
(A) - (D) (No change.)
(E) Digitally reproduced archival map collection on
CD-ROM/DVD-ROM.
(i) cost of disk: CD $11, DVD: $16;
(ii) cost per image: $10;
(iii) digitization of un-scanned map or sketch: $25.
(5) - (16) (No change.)
This agency hereby certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal author-
ity to adopt.
Filed with the Office of the Secretary of State on October 10,
2006.
TRD-200605542
Trace L. Finley
Policy Director
General Land Office
Earliest possible date of adoption: November 26, 2006
For further information, please call: (512) 475-1859
TITLE 34. PUBLIC FINANCE
PART 1. COMPTROLLER OF PUBLIC
ACCOUNTS
CHAPTER 3. TAX ADMINISTRATION
SUBCHAPTER B. NATURAL GAS
34 TAC 3.23The Comptroller of Public Accounts proposes new 3.23, con-
cerning credits for qualifying low producing wells. The new sec-
tion covers the description of the credit and the process for filing
an application for approval of the credit. This section is being
proposed pursuant to House Bill 2161, 79th Legislature, 2005.
John Heleman, Chief Revenue Estimator, has determined that
for the first five-year period the rule will be in effect, there will
be no significant revenue impact on the state or units of local
government.
Mr. Heleman also has determined that for each year of the first
five years the rule is in effect, the public benefit anticipated as
a result of enforcing the rule will be by conforming agency rules
with current legislation. This rule is adopted under Tax Code,
Title 2, and does not require a statement of fiscal implications for
small businesses. There is no significant anticipated economic
cost to individuals who are required to comply with the proposed
rule.
Comments on the proposal may be submitted to Bryant K.
Lomax, Manager, Tax Policy Division, P.O. Box 13528, Austin,
Texas 78711-3528.
The new section is proposed under Tax Code, 111.002, which
provides the comptroller with the authority to prescribe, adopt,
and enforce rules relating to the administration and enforcement
of the provisions of Tax Code, Title 2.
The new section implements Tax Code, 201.059.
3.23. Credits for Qualifying Low Producing Wells.
(a) Definitions. The following words and terms, when used
in this section, shall have the following meanings, unless the context
clearly indicates otherwise.
(1) Commission--The Railroad Commission of Texas.
(2) Operator--The person responsible under law or com-
mission rules for the physical operation of a wellbore or lease.
(3) Average Taxable Price of Gas--The previous three
month average price of gas using a price index listed in Tax Code,
201.059(b). The average will be computed by taking the closing
price of gas each market day and dividing it by the total market days
in the three-month period. This average price will then be adjusted to
2005 dollars.
(4) Qualified Low Producing Well--A gas well that pro-
duces no more than 90 mcf of gas per day during the three-month period
prior to the beginning date of the exemption. For purposes of qualify-
ing the well, the production per day is determined by using the monthly
well production report made to the commission.
(b) For each well qualifying under this section, the comptroller
will require the following information from the operator of the well.
(1) Copies of the monthly production reports made to the
commission for the lease for the three-month period.
(2) If the lease is commingled, the operator must provide
copies of the monthly production reports made to the commission for
the commingled lease and a production allocation for each lease in
the commingling permit with supporting documentation for the three-
month period prior to the exemption beginning date.
(3) A completed comptroller exemption application for the
well.
(4) The date that the lease met the three-month production
limitations that qualify the well as a low-producing well.PROPOSED RULES October 27, 2006 31 TexReg 8827
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Periodical.
Texas. Secretary of State. Texas Register, Volume 31, Number 43, Pages 8783-8922, October 27, 2006, periodical, October 27, 2006; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth97368/m1/45/: accessed May 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.