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.
Spectrum: Partisan Bill (Republican 1-0)
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. |