High-Cost Natural Gas Tax Rate Incentive Study

November 12, 2014

The Honorable Rick Perry, Governor
The Honorable David Dewhurst, Lieutenant Governor
The Honorable Joseph R. Straus, III, Speaker of the House Members of the 83rd Legislature

Ladies and Gentlemen:

Pursuant to Article I, Comptroller of Public Accounts, Rider 16 (Page I-23), of the General Appropriations Act for the 20 14-15 biennium, I am providing the requested information regarding the reduced tax rate provisions for high-cost natural gas wells.

Sincerely,

Susan Combs

cc: The Honorable Jane Nelson, Chair, Senate Finance Committee
The Honorable James Pitts, Chair, House Appropriations Committee
The Honorable Harvey Hilderbran, Chair, House Ways and Means Committee
Ursula Parks, Director, Legislative Budget Board