By: Lozano H.B. No. 4055
A BILL TO BE ENTITLED
AN ACT
relating to the issuance of export stamps.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.158, Tax Code, is amended to read as
follows:
Sec. 151.158. EXPORT STAMPS. (a) The comptroller shall
have printed or manufactured stamps in the design, size, and
quantity the comptroller determines is necessary for the purpose of
this section.
(b) The comptroller may designate the method of
identification for the stamps.
(c) The comptroller shall require that the stamps be
manufactured so that a stamp may be easily and securely attached to
export documentation.
(d) The comptroller shall change the design of the stamps at
least once each calendar quarter, or more frequently if the
comptroller determines it is necessary for the enforcement of this
section and the comptroller's rules.
(e) The comptroller may provide stamps only to a customs
broker licensed under Section 151.157.
(f) A stamp is invalid if transferred to a person other than
the customs broker to whom the comptroller issued the stamp, to an
authorized employee of that customs broker, or to an authorized
independent contractor.
(g) The comptroller shall charge $2.10 $5.00 for each stamp.
The comptroller shall use:
(1) $1.60 of the money from the sale of the stamps only
for costs related to producing the stamps, including costs of
materials, labor, and overhead; and
(2) $2.90 of the money from the sale of the stamps to
the general revenue fund; and
(2) (3) the remaining 50 cents only for enforcement of
the laws relating to customs br
okers under this title.
(g-1) Any unspent money shall be deposited to the credit of
the general revenue fund.
(g-2) Customs brokers who return unused stamps to the
comptroller's office on a quarterly basis shall get credit towards
the purchase of new stamps.
(h) The comptroller may require stamps to be purchased in
minimum quantities if the comptroller considers it necessary for
the efficient administration of this section.