Bill Text: TX SB248 | 2015-2016 | 84th Legislature | Introduced

Texas Senate Bill 248 (Prior Session Legislation)

Introduced

Bill Title: Relating to the allocation of the proceeds from taxes imposed on the sale, storage, or use of sporting goods.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-01-28 - Referred to Finance [SB248 Detail]

Download: Texas-2015-SB248-Introduced.html



	By: Estes	S.B. No. 248


	A BILL TO BE ENTITLED
	AN ACT
	relating to the allocation of the proceeds from taxes imposed on the
	sale, storage, or use of sporting goods.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 151.801(c-1), Tax Code, is repealed.
	SECTION 2. Section 151.801(c), Tax Code, is amended to read
	as follows:
	(c) The [~~Subject to Subsection (c-1), the~~] proceeds from the
	collection of the taxes imposed by this chapter on the sale,
	storage, or use of sporting goods shall be deposited as follows:
	(1) an amount equal to 94 percent of the proceeds shall
	be credited to the Parks and Wildlife Department and deposited as
	specified in the Parks and Wildlife Code; and
	(2) an amount equal to six percent of the proceeds
	shall be credited to the Texas Historical Commission and deposited
	as specified in Section 442.073, Government Code.
	SECTION 3. This Act takes effect September 1, 2015.