Bill Text: TX SB873 | 2021-2022 | 87th Legislature | Enrolled
Bill Title: Relating to disclosure by the comptroller to the purchaser of a business of the amount of tax due.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2021-06-07 - Effective on 9/1/21 [SB873 Detail]
Download: Texas-2021-SB873-Enrolled.html
S.B. No. 873 |
|
||
relating to disclosure by the comptroller to the purchaser of a | ||
business of the amount of tax due. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 111.020, Tax Code, is amended by | ||
amending Subsection (c) and adding Subsection (c-1) to read as | ||
follows: | ||
(c) The purchaser of a business may request, on an affidavit | ||
or other form prescribed by the comptroller, that the comptroller | ||
issue a certificate stating that no tax is due or issue a statement | ||
of the amount required to be paid before a certificate may be | ||
issued. The comptroller shall issue the certificate or statement | ||
within 60 days after receiving the request or within 60 days after | ||
the day on which the records of the former owner of the business are | ||
made available for audit, whichever period expires later, but in | ||
either event the comptroller shall issue the certificate or | ||
statement within 90 days after the date of receiving the request. | ||
(c-1) Section 111.006(a) does not apply to the disclosure of | ||
information under Subsection (c). | ||
SECTION 2. This Act takes effect September 1, 2021. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I hereby certify that S.B. No. 873 passed the Senate on | ||
March 30, 2021, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
I hereby certify that S.B. No. 873 passed the House on | ||
May 24, 2021, by the following vote: Yeas 145, Nays 0, one present | ||
not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
Approved: | ||
______________________________ | ||
Date | ||
______________________________ | ||
Governor |