| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the classification of automotive repair shops as |
|
|
primarily engaged in retail trade for purposes of the franchise |
|
|
tax. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 171.0001(12), Tax Code, is amended to |
|
|
read as follows: |
|
|
(12) "Retail trade" means: |
|
|
(A) the activities described in Division G of the |
|
|
1987 Standard Industrial Classification Manual published by the |
|
|
federal Office of Management and Budget; and |
|
|
(B) the activities classified as Industry Group |
|
|
753 of the 1987 Standard Industrial Classification Manual published |
|
|
by the federal Office of Management and Budget. |
|
|
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 January 1, 2012. |