Bill Text: TX HB4055 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the issuance of export stamps.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2015-03-23 - Referred to Ways & Means [HB4055 Detail]
Download: Texas-2015-HB4055-Introduced.html
| By: Lozano | H.B. No. 4055 | |
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| relating to the issuance of export stamps. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 151.158, Tax Code, is amended to read as | ||
| follows: | ||
| Sec. 151.158. EXPORT STAMPS. (a) The comptroller shall | ||
| have printed or manufactured stamps in the design, size, and | ||
| quantity the comptroller determines is necessary for the purpose of | ||
| this section. | ||
| (b) The comptroller may designate the method of | ||
| identification for the stamps. | ||
| (c) The comptroller shall require that the stamps be | ||
| manufactured so that a stamp may be easily and securely attached to | ||
| export documentation. | ||
| (d) The comptroller shall change the design of the stamps at | ||
| least once each calendar quarter, or more frequently if the | ||
| comptroller determines it is necessary for the enforcement of this | ||
| section and the comptroller's rules. | ||
| (e) The comptroller may provide stamps only to a customs | ||
| broker licensed under Section 151.157. | ||
| (f) A stamp is invalid if transferred to a person other than | ||
| the customs broker to whom the comptroller issued the stamp, to an | ||
| authorized employee of that customs broker, or to an authorized | ||
| independent contractor. | ||
| (g) The comptroller shall charge |
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| The comptroller shall use: | ||
| (1) $1.60 of the money from the sale of the stamps only | ||
| for costs related to producing the stamps, including costs of | ||
| materials, labor, and overhead; |
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| (2) $2.90 of the money from the sale of the stamps to | ||
| the general revenue fund; and | ||
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| the laws relating to customs br | ||
| okers under this title. | ||
| (g-1) Any unspent money shall be deposited to the credit of | ||
| the general revenue fund. | ||
| (g-2) Customs brokers who return unused stamps to the | ||
| comptroller's office on a quarterly basis shall get credit towards | ||
| the purchase of new stamps. | ||
| (h) The comptroller may require stamps to be purchased in | ||
| minimum quantities if the comptroller considers it necessary for | ||
| the efficient administration of this section. | ||
