85R11717 ADM-D
By: Uresti H.B. No. 2514
A BILL TO BE ENTITLED
AN ACT
relating to the allocation of certain revenue from the cigarette
tax to the foundation school fund and increasing the rate of that
tax.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 154.021(b), Tax Code, is amended to read
as follows:
(b) The tax rates are:
(1) $83.00 [$70.50] per thousand on cigarettes
weighing three pounds or less per thousand; and
(2) the rate provided by Subdivision (1) plus $2.10
per thousand on cigarettes weighing more than three pounds per
thousand.
SECTION 2. Section 154.6035, Tax Code, is amended to read as
follows:
Sec. 154.6035. ALLOCATION OF CERTAIN REVENUE TO PROPERTY
TAX RELIEF FUND AND FOUNDATION SCHOOL FUND. (a) Notwithstanding
Section 154.603, all proceeds from the collection of taxes imposed
by this chapter attributable to the portion of the tax rate in
excess of $20.50 per thousand on cigarettes, but not exceeding
$70.50 per thousand, regardless of weight, shall be deposited to
the credit of the property tax relief fund under Section 403.109,
Government Code.
(b) Notwithstanding Section 154.603, all proceeds from the
collection of taxes imposed by this chapter attributable to the
portion of the tax rate in excess of $70.50 per thousand on
cigarettes, regardless of weight, shall be deposited to the credit
of the foundation school fund.
SECTION 3. The change in law made by this Act does not
affect tax liability accruing before the effective date of this
Act. That liability continues in effect as if this Act had not been
enacted, and the former law is continued in effect for the
collection of taxes due and for civil and criminal enforcement of
the liability for those taxes.
SECTION 4. This Act takes effect September 1, 2017.