Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1211 creates a sales and use tax exemption for certain tangible personal property used in hydraulic fracturing. The bill amends the Tax Code to exempt equipment, services, and supplies specifically used to process, reuse, or recycle non-freshwater sources for hydraulic fracturing at oil and gas wells. The exemption does not apply to freshwater sources, defined as containing less than 1,000 milligrams per liter of total dissolved solids.
Author
Charles Perry