Bill Text: TX HB3842 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to an exemption from sales and use tax for certain property purchased using money from the community development block grant disaster recovery program and used to repair or reconstruct a real property improvement damaged by a natural disaster.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-03-21 - Referred to Ways & Means [HB3842 Detail]
Download: Texas-2013-HB3842-Introduced.html
| 83R6415 BEF-D | ||
| By: Lucio III | H.B. No. 3842 | |
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| relating to an exemption from sales and use tax for certain property | ||
| purchased using money from the community development block grant | ||
| disaster recovery program and used to repair or reconstruct a real | ||
| property improvement damaged by a natural disaster. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter H, Chapter 151, Tax Code, is amended | ||
| by adding Section 151.3502 to read as follows: | ||
| Sec. 151.3502. CERTAIN MATERIALS PURCHASED UNDER COMMUNITY | ||
| DEVELOPMENT BLOCK GRANT DISASTER RECOVERY PROGRAM. (a) Tangible | ||
| personal property purchased using money from a community | ||
| development block grant disaster recovery program administered by | ||
| the General Land Office and used to repair an improvement to real | ||
| property damaged by a natural disaster or used to construct a | ||
| replacement for an improvement to real property damaged by a | ||
| natural disaster is exempted from the taxes imposed by this | ||
| chapter. | ||
| (b) The exemption provided by Subsection (a) applies to the | ||
| grant recipient, and to a person who is hired by the grant recipient | ||
| and is paid by the grant recipient using grant funds, who purchases | ||
| tangible personal property using grant funds for a purpose provided | ||
| by Subsection (a). | ||
| (c) A person who receives a tax exemption under this section | ||
| shall use an amount equal to the amount of the exemption to repair | ||
| an improvement to real property damaged by a natural disaster or to | ||
| construct a replacement for an improvement to real property damaged | ||
| by a natural disaster. | ||
| (d) The comptroller by rule may provide documentation | ||
| requirements that a person must meet to qualify for the exemption | ||
| under this section and to demonstrate that the person complies with | ||
| Subsection (c). The General Land Office shall cooperate with the | ||
| comptroller in adopting and administering those requirements if | ||
| requested by the comptroller. | ||
| SECTION 2. The change in law made by this Act does not | ||
| affect tax liability accruing before the effective date of this | ||
| Act. That liability continues in effect as if this Act had not been | ||
| enacted, and the former law is continued in effect for the | ||
| collection of taxes due and for civil and criminal enforcement of | ||
| the liability for those taxes. | ||
| SECTION 3. This Act takes effect September 1, 2013. | ||
