Texas 2015 - 84th Regular

Texas Senate Bill SB341 Latest Draft

Bill / Introduced Version Filed 01/23/2015

Download
.pdf .doc .html
                            84R4942 CJC-D
 By: Huffines S.B. No. 341


 A BILL TO BE ENTITLED
 AN ACT
 relating to the allocation of certain motor vehicle sales tax
 revenue to the state highway fund and to the uses of that revenue.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter G, Chapter 152, Tax Code, is amended
 by adding Section 152.1223 to read as follows:
 Sec. 152.1223.  ALLOCATION OF CERTAIN TAX REVENUE TO STATE
 HIGHWAY FUND. (a)  Notwithstanding Section 152.122, in each state
 fiscal year beginning on or after September 1, 2017, the
 comptroller shall deposit to the credit of the state highway fund
 all money that is received under Sections 152.047 and 152.121 and is
 derived from the tax imposed under Section 152.021.
 (b)  Money deposited to the credit of the state highway fund
 under this section may not be used for toll roads.
 SECTION 2.  Section 152.1222, Tax Code, is repealed.
 SECTION 3.  This Act takes effect September 1, 2015.