Bill Text: TX HB55 | 2013 | 83rd Legislature 2nd Special Session | Introduced
Bill Title: Relating to the allocation of certain motor vehicle sales tax revenue to the state highway fund.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-07-12 - Filed [HB55 Detail]
Download: Texas-2013-HB55-Introduced.html
| 83S20181 CJC-D | ||
| By: Isaac | H.B. No. 55 | |
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| relating to the allocation of certain motor vehicle sales tax | ||
| revenue to the state highway fund. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended | ||
| by adding Section 152.1225 to read as follows: | ||
| Sec. 152.1225. 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, 2015, the | ||
| comptroller shall deposit to the credit of the state highway fund | ||
| the amount of money that is: | ||
| (1) received under Sections 152.047 and 152.121; | ||
| (2) estimated to have been derived from the tax | ||
| imposed by this chapter on the sale of a self-propelled vehicle | ||
| designed to transport persons or property on a public highway; and | ||
| (3) remaining after the comptroller makes the | ||
| allocation required by Section 152.1222. | ||
| (b) The comptroller shall determine the amount described by | ||
| Subsection (a) using available statistical data. If satisfactory | ||
| data are not available, the comptroller may require county tax | ||
| assessor-collectors and sellers of motor vehicles in | ||
| seller-financed sales to report additional information to the | ||
| comptroller as necessary to make the allocation required by | ||
| Subsection (a). | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect on the 91st day after the last day of the | ||
| legislative session. | ||
