Bill Text: TX HB202 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the allocation of certain motor vehicle sales, use, and rental tax revenue to the state highway fund and to the uses of that revenue.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2015-03-18 - Referred to Transportation [HB202 Detail]
Download: Texas-2015-HB202-Introduced.html
| 84R2684 CJC-D | ||
| By: Leach | H.B. No. 202 | |
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| relating to the allocation of certain motor vehicle sales, use, and | ||
| rental tax revenue to the state highway fund and to the uses of that | ||
| revenue. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended | ||
| by adding Section 152.1223 to read as follows: | ||
| Sec. 152.1223. ALLOCATION OF CERTAIN TAX REVENUE TO STATE | ||
| HIGHWAY FUND. (a) Notwithstanding Section 152.122, in each state | ||
| fiscal year beginning on or after September 1, 2018, the | ||
| comptroller shall deposit to the credit of the state highway fund an | ||
| amount of money that is equal to 50 percent of the money that is | ||
| received under Sections 152.043, 152.045, 152.047, and 152.121 and | ||
| is remaining after the comptroller makes the allocation required by | ||
| Section 152.1222. | ||
| (b) Money deposited to the credit of the state highway fund | ||
| under this section: | ||
| (1) may be appropriated only for a purpose authorized | ||
| by Section 7-a, Article VIII, Texas Constitution; and | ||
| (2) may not be used for toll roads. | ||
| SECTION 2. This Act takes effect September 1, 2015. | ||
