86R12328 JXC-D
By: Buckingham S.B. No. 2235
A BILL TO BE ENTITLED
AN ACT
relating to changing the sales and use tax rate of a metropolitan
rapid transit authority.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 451.407, Transportation Code, is amended
to read as follows:
Sec. 451.407. RATE DECREASE: SALES AND USE TAX. (a) The
board may:
(1) decrease by order the authority's sales and use tax
rate; or
(2) order an election to decrease the rate.
(b) The registered voters of an authority, by petition, may
require an election to decrease the authority's sales and use tax
rate, as provided by Section 451.409.
SECTION 2. The heading to Section 451.409, Transportation
Code, is amended to read as follows:
Sec. 451.409. SALES AND USE TAX RATE INCREASE OR DECREASE:
PETITION AND ELECTION.
SECTION 3. Sections 451.409(a), (b), and (d),
Transportation Code, are amended to read as follows:
(a) A petition to increase or decrease the rate of an
authority's sales and use tax is valid only if it is submitted to
the board and signed by at least 10 percent of the authority's
registered voters as determined by the most recent official list of
registered voters.
(b) The board shall submit a petition for an election to
increase or decrease the authority's sales and use tax rate to the
secretary of state.
(d) The board shall call an election to increase or decrease
the tax rate if the secretary determines that a petition is valid or
if the secretary fails to act within the period required by
Subsection (c).
SECTION 4. This Act takes effect September 1, 2019.