| 1 | 1 | | 84R10364 ADM-F |
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| 2 | 2 | | By: Parker H.B. No. 2199 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the amount of a sales and use tax refund for tangible |
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| 8 | 8 | | personal property used to provide cable television service, |
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| 9 | 9 | | Internet access service, or telecommunications services. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 151.3186(d), Tax Code, is amended to |
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| 12 | 12 | | read as follows: |
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| 13 | 13 | | (d) The amount of the refund to which a provider or |
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| 14 | 14 | | subsidiary, as described by Subsection (b)(1), is entitled under |
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| 15 | 15 | | this section for a calendar year is equal to: |
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| 16 | 16 | | (1) the amount of the tax paid by the provider or |
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| 17 | 17 | | subsidiary during the calendar year on property eligible for a |
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| 18 | 18 | | refund under this section, if the total amount of tax paid by all |
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| 19 | 19 | | providers and subsidiaries described by Subsection (b)(1) that are |
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| 20 | 20 | | eligible for a refund under this section is not more than $150 [$50] |
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| 21 | 21 | | million for the calendar year; or |
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| 22 | 22 | | (2) a pro rata share of $150 [$50] million, if the |
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| 23 | 23 | | total amount of tax paid by all providers and subsidiaries |
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| 24 | 24 | | described by Subsection (b)(1) that are eligible for a refund under |
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| 25 | 25 | | this section is more than $150 [$50] million for the calendar year. |
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| 26 | 26 | | SECTION 2. This Act takes effect September 1, 2015. |
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