Texas 2025 - 89th Regular

Texas Senate Bill SB1158

Filed

2/7/25

Out of Senate Committee

Voted on by Senate

Out of House Committee

Voted on by House

Governor Action

Bill Becomes Law

Caption

Relating to the repeal of the temporary tax reduction for certain high-cost gas.

Latest TX SB1158 Activity

View All Events: TX 2025 - 89th Regular SB1158

Companion Bills

No companion bills found.

Previously Filed As

TX SB1296

Relating to phasing out the tax reduction for certain high-cost gas.

To amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.99 per gallon, and to prohibit certain credits or deductions for oil and gas companies during such periods.

TX HB3376

Modifies provisions relating to the calculation of income tax, repealing income tax subtractions for certain capital gains

TX HB2111

Modifies provisions relating to the calculation of income tax, repealing income tax subtractions for certain capital gains

TX SB782

Relating to a severance tax exemption for oil and gas produced from certain restimulation wells; providing a civil penalty.

TX A860

Temporarily lowers corporation business tax rate for five years and repeals corporation business surtax.

TX A4629

Repeals certain energy reduction and reporting requirements for electric and natural gas usage.

TX HB3159

Relating to a severance tax exemption for oil and gas produced from certain previously inactive restimulation wells; providing a civil penalty.

TX HB326

Relating to authorizing the increase or decrease of the rates of the gasoline and diesel fuel taxes based on the cost of certain highway projects.

TX HB1370

Motor Fuel Tax Code; repealer; reduction in federal excise tax on gasoline or diesel fuel; emergency.

Similar Bills

No similar bills found.