83S20180 TJB-D
By: Isaac H.B. No. 54
A BILL TO BE ENTITLED
AN ACT
relating to the deposit to the state highway fund and the Texas
emissions reduction plan fund of certain motor vehicle sales tax
revenue.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 386.251(c), Health and Safety Code, is
amended to read as follows:
(c) The fund consists of:
(1) the amount of money deposited to the credit of the
fund under:
(A) Section 386.056;
(B) Sections 151.0515, [and] 152.0215, and
152.1224, Tax Code; and
(C) Sections 501.138, 502.358, and 548.5055,
Transportation Code; and
(2) grant money recaptured under Section 386.111(d)
and Chapter 391.
SECTION 2. Subchapter G, Chapter 152, Tax Code, is amended
by adding Section 152.1224 to read as follows:
Sec. 152.1224. ALLOCATION OF CERTAIN REVENUE DERIVED FROM
SALES TAX IMPOSED ON ELECTRIC VEHICLES. (a) In this section,
"electric vehicle" means a motor vehicle that draws propulsion
energy only from a rechargeable energy storage system.
(b) Notwithstanding Section 152.122, in each state fiscal
year beginning on or after September 1, 2019, the comptroller shall
deposit to the credit of the state highway fund all money received
under Sections 152.047 and 152.121 that is estimated to have been
derived from the tax imposed under Section 152.021 on the sale of an
electric vehicle and is remaining after the comptroller makes the
allocation required by Section 152.1222.
(b-1) Notwithstanding Section 152.122, in each state fiscal
year beginning on or after September 1, 2015, and before September
1, 2019, the comptroller shall deposit all money received under
Sections 152.047 and 152.121 that is estimated to have been derived
from the tax imposed under Section 152.021 on the sale of an
electric vehicle and is remaining after the comptroller makes the
allocation required by Section 152.1222 as follows:
(1) 75 percent to the credit of the state highway fund;
and
(2) 25 percent to the credit of the Texas emissions
reduction plan fund.
(b-2) Subsection (b-1) and this subsection expire August
31, 2019.
(c) The comptroller shall determine the amounts to be
deposited as required by this section using available statistical
data. If satisfactory data are not available, the comptroller may
require county tax assessor-collectors and sellers of motor
vehicles in seller-financed sales to report additional information
to the comptroller as necessary to make the deposits required by
this section.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect on the 91st day after the last day of the
legislative session.