By: Pitts H.B. No. 3791
A BILL TO BE ENTITLED
AN ACT
relating to the interest on certain tax refunds or credits.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. REPEALER. Section 111.064, Tax Code, is
repealed.
SECTION 2. (a) This Act applies only to a refund or credit
granted for a report period due on or after the effective date of
this Act.
(b) A refund or credit granted for a report period due
before the effective date of this Act is covered by the law in
effect as it existed before the effective date of this Act, and the
former law is continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2011.