Bill Text: TX HB1192 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the amount deducted from certain distributions of local tax revenue as the state's share.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-02-26 - Referred to Ways & Means [HB1192 Detail]
Download: Texas-2019-HB1192-Introduced.html
86R3348 GRM-D | ||
By: Thompson of Brazoria | H.B. No. 1192 |
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relating to the amount deducted from certain distributions of local | ||
tax revenue as the state's share. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 403.107, Government Code, is reenacted | ||
and amended to read as follows: | ||
Sec. 403.107. LOCAL SALES AND USE TAX FEES. (a) The | ||
comptroller shall deposit fees imposed under Section 151.059, Tax | ||
Code, in the state treasury and shall keep records of the amount of | ||
money collected for each reporting period. Such fees shall be held | ||
in trust in the suspense account of each eligible taxing unit. The | ||
comptroller shall distribute money in the suspense accounts under | ||
this section to each eligible taxing unit in the amount and manner | ||
provided by federal law or this section. | ||
(b) A local taxing unit is eligible to receive funds under | ||
this section if it has adopted a sales and use tax under Chapter | ||
321, Chapter 322, or Chapter 323, Tax Code, or has adopted a local | ||
sales and use tax governed in part by any provision of those | ||
chapters. | ||
(c) The comptroller shall transmit to each eligible taxing | ||
unit's treasurer, or to the officer performing the functions of | ||
that office, on a quarterly basis, the taxing unit's share of the | ||
fees remitted to the comptroller, together with the pro rata share | ||
of any penalty or interest on delinquent fees that may be collected. | ||
Before transmitting the funds, the comptroller shall deduct one | ||
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charge by the state for its services under this section and deposit | ||
that amount into the state treasury to the credit of the | ||
comptroller's operating fund. Interest earned on all deposits made | ||
in the state treasury under this section shall be credited to the | ||
general revenue fund. | ||
(d) The comptroller shall retain in the suspense account for | ||
a taxing unit a portion of the taxing unit's share of the fees | ||
collected, not to exceed five percent of the amount remitted to the | ||
taxing unit. From the amounts retained in a taxing unit's suspense | ||
account, the comptroller may make refunds for overpayments to the | ||
account and to redeem dishonored checks and drafts deposited to the | ||
credit of the account. | ||
(e) Unless another method is required by federal law, the | ||
comptroller shall compute for each calendar quarter the percentage | ||
of total sales and use tax allocations made pursuant to Title 3 of | ||
the Tax Code, including any local sales and use taxes governed by | ||
any provision of Title 3 of the Tax Code, to each eligible taxing | ||
unit and shall apply that percentage to the total fees collected | ||
under Section 151.059, Tax Code, and allocated to eligible taxing | ||
units in that quarter. | ||
(f) The comptroller may combine an eligible taxing unit's | ||
share of the fees remitted or collected under Section 151.059, Tax | ||
Code, a suspense account under this section, or an allocation made | ||
under this section with other trust or suspense accounts held for | ||
that taxing unit or other allocations made to that taxing unit under | ||
Title 3 of the Tax Code. | ||
SECTION 2. Section 321.503, Tax Code, is amended to read as | ||
follows: | ||
Sec. 321.503. STATE'S SHARE. Before sending any money to a | ||
municipality under this subchapter the comptroller shall deduct one | ||
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municipality during the period for which a distribution is made as | ||
the state's charge for its services under this chapter and shall[ |
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money deducted to the general revenue fund. | ||
SECTION 3. Section 322.303, Tax Code, is amended to read as | ||
follows: | ||
Sec. 322.303. STATE'S SHARE. Before sending any money to a | ||
taxing entity under this subchapter, the comptroller shall deduct | ||
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entity area during the period for which a distribution is made as | ||
the state's charge for its services under this chapter and shall | ||
credit the money deducted to the general revenue fund. | ||
SECTION 4. Section 323.503, Tax Code, is amended to read as | ||
follows: | ||
Sec. 323.503. STATE'S SHARE. Before sending any money to a | ||
county under this subchapter the comptroller shall deduct one [ |
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percent of the amount of the taxes collected within the county | ||
during the period for which a distribution is made as the state's | ||
charge for its services under this chapter and shall[ |
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deducted to the general revenue fund. | ||
SECTION 5. This Act takes effect September 1, 2019. |