Bill Text: TX SB175 | 2013-2014 | 83rd Legislature | Introduced


Bill Title: Relating to the allocation of the proceeds from taxes imposed on the sale, storage, or use of sporting goods.

Status: (Introduced - Dead) 2013-03-04 - Referred to s/c on Fiscal Matters by Chair [SB175 Detail]

Download: Texas-2013-SB175-Introduced.html
  83R295 CJC-D
 
  By: Estes S.B. No. 175
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the allocation of the proceeds from taxes imposed on the
  sale, storage, or use of sporting goods.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 151.801(c-1), Tax Code, is repealed.
         SECTION 2.  Section 151.801(c), Tax Code, is amended to read
  as follows:
         (c)  The [Subject to Subsection (c-1), the] proceeds from the
  collection of the taxes imposed by this chapter on the sale,
  storage, or use of sporting goods shall be deposited as follows:
               (1)  an amount equal to 94 percent of the proceeds shall
  be credited to the Parks and Wildlife Department and deposited as
  specified in the Parks and Wildlife Code; and
               (2)  an amount equal to six percent of the proceeds
  shall be credited to the Texas Historical Commission and deposited
  as specified in Section 442.073, Government Code.
         SECTION 3.  This Act takes effect September 1, 2013.
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