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Texas Utilities Code - Section 122.051. Tax Imposed; Rate

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§ 122.051. TAX IMPOSED;  RATE.  (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.

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

Last modified: August 10, 2007