| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 84R4429 CJC-D | |
| 2 | 2 | By: Sanford H.B. No. 1836 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the allocation of certain sales tax revenue to the state | |
| 8 | 8 | highway fund and to the uses of that revenue. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 151.801, Tax Code, is amended by | |
| 11 | 11 | amending Subsection (a) and adding Subsection (b-1) to read as | |
| 12 | 12 | follows: | |
| 13 | 13 | (a) Except for the amounts allocated under Subsections (b), | |
| 14 | 14 | (b-1), and (c), all proceeds from the collection of the taxes | |
| 15 | 15 | imposed by this chapter shall be deposited to the credit of the | |
| 16 | 16 | general revenue fund. | |
| 17 | 17 | (b-1) In addition to the amount deposited under Subsection | |
| 18 | 18 | (b), the comptroller shall deposit an amount equal to 10 percent of | |
| 19 | 19 | the proceeds from the collection of the taxes imposed by this | |
| 20 | 20 | chapter to the credit of the state highway fund. Money deposited to | |
| 21 | 21 | the credit of the state highway fund under this subsection may not | |
| 22 | 22 | be used for: | |
| 23 | 23 | (1) a toll road; or | |
| 24 | 24 | (2) a mass transit rail system. | |
| 25 | 25 | SECTION 2. The change in law made by this Act does not | |
| 26 | 26 | affect taxes imposed before the effective date of this Act, and the | |
| 27 | 27 | law in effect before the effective date of this Act is continued in | |
| 28 | 28 | effect for purposes of the liability for and deposit of those taxes. | |
| 29 | 29 | SECTION 3. This Act takes effect September 1, 2015. |