Bill Text: TX SB69 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to certain reimbursements provided for the collection of sales and use taxes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-02-13 - Referred to s/c on Fiscal Matters by Chair [SB69 Detail]
Download: Texas-2013-SB69-Introduced.html
83R816 CJC-D | ||
By: Ellis | S.B. No. 69 |
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relating to certain reimbursements provided for the collection of | ||
sales and use taxes. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 151.423, Tax Code, is amended to read as | ||
follows: | ||
Sec. 151.423. REIMBURSEMENT TO TAXPAYER FOR TAX | ||
COLLECTIONS. Subject to Section 151.4241, a [ |
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deduct and withhold three-fourths [ |
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amount of taxes due from the taxpayer on a timely return as | ||
reimbursement for the cost of collecting the taxes imposed by this | ||
chapter. [ |
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SECTION 2. Subchapter I, Chapter 151, Tax Code, is amended | ||
by adding Section 151.4241 to read as follows: | ||
Sec. 151.4241. LIMITATION ON AMOUNT OF REIMBURSEMENT. (a) | ||
The amount deducted and withheld by a taxpayer under Section | ||
151.423 may not exceed: | ||
(1) $312.50 each month if the taxpayer files monthly; | ||
(2) $937.50 each quarter if the taxpayer files | ||
quarterly under Section 151.401(b); and | ||
(3) $3,750 each state fiscal year. | ||
(b) The comptroller shall adopt rules for determining to | ||
which state fiscal month, quarter, and year amounts deducted and | ||
withheld by a taxpayer under Section 151.423 will be allocated for | ||
purposes of this section. | ||
SECTION 3. Section 151.801, Tax Code, is amended by | ||
amending Subsection (a) and adding Subsection (a-1) to read as | ||
follows: | ||
(a) Except for the amounts allocated under Subsections | ||
(a-1), (b), 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. | ||
(a-1) The comptroller shall calculate the difference | ||
between the amount of the proceeds from the collection of the taxes | ||
imposed by this chapter that, in the absence of the limitation on | ||
reimbursements specified by Section 151.4241, taxpayers would | ||
deduct and withhold under Section 151.423 at the percentage in | ||
effect under that section on January 1, 2013, and the amount that | ||
taxpayers actually deduct and withhold under Section 151.423 after | ||
applying the limitation specified by Section 151.4241. The | ||
comptroller shall deposit an amount equal to that difference to an | ||
account in the general revenue fund. Money in the account may be | ||
appropriated only to provide grants under Subchapter M, Chapter 56, | ||
Education Code. | ||
SECTION 4. Section 151.423, Tax Code, as amended by this | ||
Act, applies to a tax report due on or after the effective date of | ||
this Act. A tax report due before the effective date of this Act is | ||
governed by the law in effect on the date the tax report was due, and | ||
the former law is continued in effect for that purpose. | ||
SECTION 5. 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 6. This Act takes effect September 1, 2013. |