Texas 2015 - 84th Regular

Texas House Bill HB1081 Compare Versions

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11 84R6790 CJC-D
22 By: Paul H.B. No. 1081
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the allocation of certain motor vehicle sales tax
88 revenue to the state highway fund.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended
1111 by adding Section 152.1223 to read as follows:
1212 Sec. 152.1223. ALLOCATION OF CERTAIN TAX REVENUE TO STATE
1313 HIGHWAY FUND. Notwithstanding Section 152.122, in each state
1414 fiscal year beginning on or after September 1, 2017, the
1515 comptroller shall deposit to the credit of the state highway fund
1616 all money received under Sections 152.121 and 152.047 that is
1717 derived from the tax imposed under Section 152.021 and is remaining
1818 after the comptroller makes the allocation required by Section
1919 152.1222.
2020 SECTION 2. This Act takes effect September 1, 2015.