Every person who owns crude oil or condensate in a vessel must pay the Coastal Protection Fee when the crude oil or condensate is transferred to or from a marine terminal in Texas.
Effective March 1, 2014, the tax rate is 1.333 cents per barrel of crude oil or condensate transferred to or from vessels at a Texas marine terminal. The fee is paid only once on each barrel of crude oil or condensate, not on each transfer of the barrel.
The rate can vary or the fee can be suspended, depending on the balance in the Coastal Protection Fund. Coastal protection fees are deposited into the Coastal Protection Fund administered by the General Land Office (GLO).
Monthly: last day of the month following the end of the reporting month (for example, April 30 for March activity).
Select the amount of taxes you paid in the preceding state fiscal year (Sept. 1 – Aug. 31) to find the reporting and payment methods to use.
In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.