Bill Text: TX HB1836 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the allocation of certain sales tax revenue to the state highway fund and to the uses of that revenue.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-03-19 - Referred directly to s/c on Long-term Infrastructure Planning by chair [HB1836 Detail]
Download: Texas-2015-HB1836-Introduced.html
84R4429 CJC-D | ||
By: Sanford | H.B. No. 1836 |
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relating to the allocation of certain 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. Section 151.801, Tax Code, is amended by | ||
amending Subsection (a) and adding Subsection (b-1) to read as | ||
follows: | ||
(a) Except for the amounts allocated under Subsections (b), | ||
(b-1), and (c), all proceeds from the collection of the taxes | ||
imposed by this chapter shall be deposited to the credit of the | ||
general revenue fund. | ||
(b-1) In addition to the amount deposited under Subsection | ||
(b), the comptroller shall deposit an amount equal to 10 percent of | ||
the proceeds from the collection of the taxes imposed by this | ||
chapter to the credit of the state highway fund. Money deposited to | ||
the credit of the state highway fund under this subsection may not | ||
be used for: | ||
(1) a toll road; or | ||
(2) a mass transit rail system. | ||
SECTION 2. The change in law made by this Act does not | ||
affect taxes imposed before the effective date of this Act, and the | ||
law in effect before the effective date of this Act is continued in | ||
effect for purposes of the liability for and deposit of those taxes. | ||
SECTION 3. This Act takes effect September 1, 2015. |