Bill Text: TX SB902 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the period during which a purchaser's successor liability for taxes owed by the seller of a business may be enforced.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-03-30 - No action taken in committee [SB902 Detail]
Download: Texas-2021-SB902-Introduced.html
| 87R5079 SRA-D | ||
| By: Perry | S.B. No. 902 | |
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| relating to the period during which a purchaser's successor | ||
| liability for taxes owed by the seller of a business may be | ||
| enforced. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 111.020, Tax Code, is amended by adding | ||
| Subsection (e-1) to read as follows: | ||
| (e-1) Notwithstanding Section 111.201 or another period of | ||
| limitation provided under this title, an obligation of a purchaser | ||
| under this section may not be enforced after three years from the | ||
| later of the events described by Subsection (e). | ||
| SECTION 2. This Act takes effect September 1, 2021. | ||
