| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 81R6756 KLA-D | |
| 2 | 2 | By: Ogden S.B. No. 1199 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to refunds of and credits for certain sales and use taxes | |
| 8 | 8 | paid by certain exempt organizations. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 151.310, Tax Code, is amended by adding | |
| 11 | 11 | Subsection (f) to read as follows: | |
| 12 | 12 | (f) For purposes of obtaining a refund of or claiming a | |
| 13 | 13 | credit for taxes paid under this chapter on the basis of an | |
| 14 | 14 | exemption under this section, an organization is not considered | |
| 15 | 15 | exempted from the taxes imposed by this chapter before the earlier | |
| 16 | 16 | of: | |
| 17 | 17 | (1) the date the organization applied for the | |
| 18 | 18 | exemption with the comptroller; or | |
| 19 | 19 | (2) the date of assessment of the organization's tax | |
| 20 | 20 | liability by the comptroller as a result of an audit, as applicable. | |
| 21 | 21 | SECTION 2. The change in law made by this Act applies only | |
| 22 | 22 | to a refund of or credit for taxes that are paid on or after the | |
| 23 | 23 | effective date of this Act. A refund of or credit for taxes that are | |
| 24 | 24 | paid before the effective date of this Act is governed by the law in | |
| 25 | 25 | effect on the date the taxes were paid, and the former law is | |
| 26 | 26 | continued in effect for that purpose. | |
| 27 | 27 | SECTION 3. This Act takes effect September 1, 2009. |