Old | New | Differences | |
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1 | 1 | 81R8170 JE-F | |
2 | 2 | By: Keffer H.B. No. 3214 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the exemption of certain units conducting bingo games | |
8 | 8 | from the franchise tax. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Subchapter B, Chapter 171, Tax Code, is amended | |
11 | 11 | by adding Section 171.0635 to read as follows: | |
12 | 12 | Sec. 171.0635. EXEMPTION; UNIT CONDUCTING BINGO GAMES. (a) | |
13 | 13 | In this section: | |
14 | 14 | (1) "Licensed authorized organization" has the | |
15 | 15 | meaning assigned by Section 2001.002, Occupations Code. | |
16 | 16 | (2) "Unit" has the meaning assigned by Section | |
17 | 17 | 2001.431, Occupations Code. | |
18 | 18 | (b) A unit composed entirely of licensed authorized | |
19 | 19 | organizations is exempted from the franchise tax. | |
20 | 20 | SECTION 2. This Act applies only to a report originally due | |
21 | 21 | on or after the effective date of this Act. | |
22 | 22 | SECTION 3. This Act takes effect January 1, 2010. |