83R1177 ADM-F
By: Button, Bohac, N. Gonzalez of El Paso, H.B. No. 1310
Paddie, Eiland
A BILL TO BE ENTITLED
AN ACT
relating to the exclusion from total revenue of the cost of certain
vaccines for purposes of the franchise tax.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 171.1011(p), Tax Code, is amended by
amending Subdivision (4-a) and adding Subdivisions (4-b) and (8) to
read as follows:
(4-a) "Physician practice" means an entity that:
(A) is owned entirely by one or more individuals
licensed to practice medicine in this state under Subtitle B, Title
3, Occupations Code; and
(B) offers services, the provision of which is
considered practicing medicine as defined by Section
151.002(a)(13), Occupations Code.
(4-b) "Pro bono services" means the direct provision
of legal services to the poor, without an expectation of
compensation.
(8) "Vaccine" means a preparation or suspension of
dead, live attenuated, or live fully virulent viruses or bacteria,
or of antigenic proteins derived from them, used to prevent,
ameliorate, or treat an infectious disease.
SECTION 2. Section 171.1011, Tax Code, is amended by adding
Subsection (u) to read as follows:
(u) A taxable entity that is a physician practice shall
exclude from its total revenue the actual cost paid by the taxable
entity for a vaccine.
SECTION 3. This Act applies only to a report originally due
on or after the effective date of this Act.
SECTION 4. This Act takes effect January 1, 2014.