Bill Text: TX HB416 | 2013-2014 | 83rd Legislature | Comm Sub
Bill Title: Relating to the computation of the franchise tax by a taxable entity engaged in Internet hosting.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-05-08 - Postponed [HB416 Detail]
Download: Texas-2013-HB416-Comm_Sub.html
By: Hilderbran | H.B. No. 416 |
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relating to the computation of the franchise tax by a taxable entity | ||
engaged in Internet hosting. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 171.106, Tax Code, is amended by adding | ||
Subsection (g) to read as follows: | ||
(g) A receipt from Internet hosting described by Section | ||
151.108(a) is a receipt from business done in this state only if the | ||
customer to whom the service is provided is located in this state. | ||
SECTION 2. This Act applies only to a report originally due | ||
on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect September 1, 2013. |