Texas 2015 - 84th Regular

Texas Senate Bill SB591 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	84R636 CJC-D
2	2	By: Ellis S.B. No. 591
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to certain reimbursements provided for the collection of
8	8	sales and use taxes.
9	9	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
10	10	SECTION 1. Section 151.423, Tax Code, is amended to read as
11	11	follows:
12	12	Sec. 151.423. REIMBURSEMENT TO TAXPAYER FOR TAX
13	13	COLLECTIONS. Subject to Section 151.4231, a [A] taxpayer may
14	14	deduct and withhold three-fourths [one-half] of one percent of the
15	15	amount of taxes due from the taxpayer on a timely return as
16	16	reimbursement for the cost of collecting the taxes imposed by this
17	17	chapter. [The comptroller shall provide a card with each form
18	18	distributed for the collection of taxes under this chapter. The
19	19	card may be inserted by the taxpayer with the tax payment to provide
20	20	for contribution of all or part of the reimbursement provided by
21	21	this section for use as grants under Subchapter M, Chapter 56,
22	22	Education Code. If the taxpayer chooses to contribute the
23	23	reimbursement for the grants, the taxpayer shall include the amount
24	24	of the reimbursement contribution with the tax payment. The
25	25	comptroller shall transfer money contributed under this section for
26	26	grants under Subchapter M, Chapter 56, Education Code, to the
27	27	appropriate fund.]
28	28	SECTION 2. Subchapter I, Chapter 151, Tax Code, is amended
29	29	by adding Section 151.4231 to read as follows:
30	30	Sec. 151.4231. LIMITATION ON AMOUNT OF REIMBURSEMENT. (a)
31	31	The amount deducted and withheld by a taxpayer under Section
32	32	151.423 may not exceed:
33	33	(1) $312.50 each month if the taxpayer files monthly;
34	34	(2) $937.50 each quarter if the taxpayer files
35	35	quarterly under Section 151.401(b); and
36	36	(3) $3,750 each state fiscal year.
37	37	(b) The comptroller shall adopt rules for determining to
38	38	which month, quarter, and state fiscal year amounts deducted and
39	39	withheld by a taxpayer under Section 151.423 will be allocated for
40	40	purposes of this section.
41	41	SECTION 3. Section 151.801, Tax Code, is amended by
42	42	amending Subsection (a) and adding Subsection (a-1) to read as
43	43	follows:
44	44	(a) Except for the amounts allocated under Subsections
45	45	(a-1), (b), and (c), all proceeds from the collection of the taxes
46	46	imposed by this chapter shall be deposited to the credit of the
47	47	general revenue fund.
48	48	(a-1) The comptroller shall calculate the difference
49	49	between the amount of the proceeds from the collection of the taxes
50	50	imposed by this chapter that, in the absence of the limitation on
51	51	reimbursements specified by Section 151.4231, taxpayers would
52	52	deduct and withhold under Section 151.423 at the percentage in
53	53	effect under that section on January 1, 2015, and the amount that
54	54	taxpayers actually deduct and withhold under Section 151.423 after
55	55	applying the limitation specified by Section 151.4231. The
56	56	comptroller shall deposit an amount equal to that difference to an
57	57	account in the general revenue fund to be administered by the Texas
58	58	Higher Education Coordinating Board. Money in the account may be
59	59	appropriated only to provide grants under Subchapter M, Chapter 56,
60	60	Education Code.
61	61	SECTION 4. Section 151.423, Tax Code, as amended by this
62	62	Act, applies to a tax report due on or after the effective date of
63	63	this Act. A tax report due before the effective date of this Act is
64	64	governed by the law in effect on the date the tax report was due, and
65	65	the former law is continued in effect for that purpose.
66	66	SECTION 5. The change in law made by this Act does not
67	67	affect tax liability accruing before the effective date of this
68	68	Act. That liability continues in effect as if this Act had not been
69	69	enacted, and the former law is continued in effect for the
70	70	collection of taxes due and for civil and criminal enforcement of
71	71	the liability for those taxes.
72	72	SECTION 6. This Act takes effect September 1, 2015.