Texas 2015 - 84th Regular

Texas Senate Bill SB341 Compare Versions

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11 84R4942 CJC-D
22 By: Huffines S.B. No. 341
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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 and to the uses of that revenue.
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. (a) 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 that is received under Sections 152.047 and 152.121 and is
1717 derived from the tax imposed under Section 152.021.
1818 (b) Money deposited to the credit of the state highway fund
1919 under this section may not be used for toll roads.
2020 SECTION 2. Section 152.1222, Tax Code, is repealed.
2121 SECTION 3. This Act takes effect September 1, 2015.