Bill Text: TX SB1663 | 2011-2012 | 82nd Legislature | Introduced

Texas Senate Bill 1663 (Prior Session Legislation)

Introduced

Bill Title: Relating to the repeal of state sales tax and franchise tax refunds for certain ad valorem tax payers.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2011-04-07 - Left pending in committee [SB1663 Detail]

Download: Texas-2011-SB1663-Introduced.html



	By: Ellis	S.B. No. 1663


	A BILL TO BE ENTITLED
	AN ACT
	relating to the repeal of state sales tax and franchise tax refunds
	for certain ad valorem tax payers.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Subchapter F, Chapter 111, Tax Code, is
	repealed.
	SECTION 2. The repeal of Subchapter F, Chapter 111, Tax
	Code, by this Act does not affect a right to claim a refund of state
	sales and use and state franchise taxes that was established under
	Section 111.301, Tax Code, in relation to taxes paid before the
	effective date of this Act. A right to claim a refund of state sales
	and use and state franchise taxes that was established under
	Section 111.301, Tax Code, in relation to taxes paid before the
	effective date of this Act is governed by the law in effect on the
	date the right to claim the refund was established, and the former
	law is continued in effect for that purpose.
	SECTION 3. This Act takes effect January 1, 2012.