Bill Text: TX SB341 | 2015-2016 | 84th Legislature | Introduced


Bill Title: Relating to the allocation of certain motor vehicle sales tax revenue to the state highway fund and to the uses of that revenue.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-02-02 - Referred to Transportation [SB341 Detail]

Download: Texas-2015-SB341-Introduced.html
  84R4942 CJC-D
 
  By: Huffines S.B. No. 341
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the allocation of certain motor vehicle sales tax
  revenue to the state highway fund and to the uses of that revenue.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter G, Chapter 152, Tax Code, is amended
  by adding Section 152.1223 to read as follows:
         Sec. 152.1223.  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, 2017, the
  comptroller shall deposit to the credit of the state highway fund
  all money that is received under Sections 152.047 and 152.121 and is
  derived from the tax imposed under Section 152.021.
         (b)  Money deposited to the credit of the state highway fund
  under this section may not be used for toll roads.
         SECTION 2.  Section 152.1222, Tax Code, is repealed.
         SECTION 3.  This Act takes effect September 1, 2015.
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