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A BILL TO BE ENTITLED
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AN ACT
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relating to exempting fuel ethanol derived from cellulosic biomass |
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and blended with gasoline from the motor fuels tax. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 162.104, Tax Code, is amended by adding |
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Subsection (g) to read as follows: |
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(g) The tax imposed by this subchapter does not apply to the |
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volume of fuel ethanol derived from cellulosic biomass that is |
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blended together with taxable gasoline when the finished product |
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sold or used is clearly identified on the sales invoice as a |
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combination of gasoline and fuel ethanol derived from cellulosic |
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biomass. |
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SECTION 2. The change in law made by this Act does not |
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affect taxes imposed before the effective date of this Act, and the |
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law in effect before the effective date of this Act is continued in |
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effect for purposes of the liability for and collection of those |
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taxes. |
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SECTION 3. This Act takes effect September 1, 2011. |