This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
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| Revised Date: | 2015-08-04 |
Legal Citations
Object Type
Cash — Natural Resources
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Description
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Note
Created 1917 by 35th Leg. Previously under Natural Resources Code 81.111. A tax on crude petroleum produced in Texas in the amount of 3/16 of $.01 on each barrel (42 standard gallons). Previously deposited to the Railroad Commission Operating Fund (0155) and changed to General Revenue by S.B. 389, 67th Leg., R.S. Natural gas incorrectly included in title originally. Tax abolished by S.B. 757, 84th Leg., R.S.
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