Bill Text: TX HB454 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to exempting fuel ethanol derived from cellulosic biomass and blended with gasoline from the motor fuels tax.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-02-17 - Referred to Ways & Means [HB454 Detail]
Download: Texas-2011-HB454-Introduced.html
82R600 JE-D | ||
By: Lucio III | H.B. No. 454 |
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relating to exempting fuel ethanol derived from cellulosic biomass | ||
and blended with gasoline from the motor fuels tax. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 162.104, Tax Code, is amended by adding | ||
Subsection (g) to read as follows: | ||
(g) The tax imposed by this subchapter does not apply to the | ||
volume of fuel ethanol derived from cellulosic biomass that is | ||
blended together with taxable gasoline when the finished product | ||
sold or used is clearly identified on the sales invoice as a | ||
combination of gasoline and fuel ethanol derived from cellulosic | ||
biomass. | ||
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 collection of those | ||
taxes. | ||
SECTION 3. This Act takes effect September 1, 2011. |