HB3865 — Relating to calculation of daily production for purposes of the oil and gas production tax credits for low-producing wells and leases.

HB3865 — Relating to calculation of daily production for purposes of the oil and gas production tax credits for low-producing wells and leases. · Informed CitizenryHB 3865 amends the Tax Code to modify how daily production is calculated for oil and gas production tax credits for low-producing wells and leases. It defines a 'qualifying low-producing well' as a…Open in Informed Citizenry