| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 81R4304 BEF-D | |
| 2 | 2 | By: Bohac H.B. No. 1427 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to exempting fuel ethanol derived from cellulosic biomass | |
| 8 | 8 | and blended with gasoline from the motor fuels tax. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 162.104, Tax Code, is amended by adding | |
| 11 | 11 | Subsection (g) to read as follows: | |
| 12 | 12 | (g) The tax imposed by this subchapter does not apply to the | |
| 13 | 13 | volume of fuel ethanol derived from cellulosic biomass that is | |
| 14 | 14 | blended together with taxable gasoline when the finished product | |
| 15 | 15 | sold or used is clearly identified on the sales invoice as a | |
| 16 | 16 | combination of gasoline and fuel ethanol derived from cellulosic | |
| 17 | 17 | biomass. | |
| 18 | 18 | SECTION 2. The change in law made by this Act does not | |
| 19 | 19 | affect taxes imposed before the effective date of this Act, and the | |
| 20 | 20 | law in effect before the effective date of this Act is continued in | |
| 21 | 21 | effect for purposes of the liability for and collection of those | |
| 22 | 22 | taxes. | |
| 23 | 23 | SECTION 3. This Act takes effect September 1, 2009. |