By: Buckley H.B. No. 3959
A BILL TO BE ENTITLED
AN ACT
relating to the establishment of the Texas Youth Livestock Show
Fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Title 3, Agriculture Code, is amended by adding
Chapter 50E to read as follows:
CHAPTER 50E TEXAS YOUTH LIVESTOCK SHOW FUND
Sec. 50E.001. DEFINITIONS. In this chapter:
(1) "Commission" means the Agriculture Commission;
and
(2) "Youth livestock show" means a youth livestock
show that is part of the Texas Livestock Validation program and less
than 10 years old, or is a regional youth livestock show.
Sec. 50E.002. ESTABLISHMENT OF THE TEXAS YOUTH LIVESTOCK
SHOW FUND. (a) The commission shall establish a Texas youth
livestock show fund to provide financial assistance in the form of
grants to youth livestock shows in the State of Texas.
(b) The commission shall administer the grant program under
this section.
Sec. 50E.003. ALLOCATION OF CERTAIN FUNDS. (a) In each
state fiscal biennium, the comptroller shall deposit the amounts
allocated under Section 151.801(c-4), Tax Code, into the fund
established under Section 50E.002, Agriculture Code, until the
comptroller determines that the balance of the fund is $15 million.
(b) Once the comptroller determines the balance of the fund
established under Section 50E.002, Agriculture Code, has reached
$15 million, for the remainder of that fiscal biennium the
comptroller shall deposit the amounts allocated under Section
151.801(c-4), Tax Code, into the general revenue fund.
SECTION 2. Section 151.801, Tax Code, is amended by
amending Subsections (a) and (d) and adding Subsection (c-4) as
follows:
(a) Except for the amounts allocated under Subsections (b),
(c), (c-2), and (c-3), and (c-4) all proceeds from the collection of
the taxes imposed by this chapter shall be deposited to the credit
of the general revenue fund.
(c-4) Subject to the limitation imposed under Section
50E.003, Agriculture Code, an amount equal to the proceeds from the
collection of the taxes imposed by this chapter on the sale,
storage, or use of livestock show animal feed, including goat,
lamb, pig, chicken, turkey, rabbit, cattle feed, and show
supplements, and livestock show animal grooming supplies shall be
deposited to the credit of the fund administered by the Agriculture
Commission as established under Section 50E.002, Agriculture Code.
(d) The comptroller shall determine the amount to be
deposited to the highway fund under Subsection (b) according to
available statistical data indicating the estimated average or
actual consumption or sales of lubricants used to propel motor
vehicles over the public roadways. The comptroller shall determine
the amounts to be deposited to the funds or accounts under
Subsection (c) according to available statistical data indicating
the estimated or actual total receipts in this state from taxable
sales of sporting goods. The comptroller shall determine the amount
to be deposited to the fund under Subsection (c-2) according to
available statistical data indicating the estimated or actual total
receipts in this state from taxes imposed on sales at retail of
fireworks. The comptroller shall determine the amount to be
deposited to the account under Subsection (c-3) according to
available statistical data indicating the estimated or actual total
receipts in this state from taxable sales of horse feed, horse
supplements, horse tack, horse bedding and grooming supplies, and
other taxable expenditures directly related to horse ownership,
riding, or boarding. The comptroller shall determine the amount to
be deposited to the fund under Subsection (c-4) according to
available statistical data indicating the estimated or actual total
receipts in this state from taxes imposed on sales at retail of
livestock show animal feed, including goat, lamb, pig, chicken,
turkey, rabbit, cattle feed, and show supplements, and livestock
show animal grooming supplies. If satisfactory data are not
available, the comptroller may require taxpayers who make taxable
sales or uses of those lubricants, of sporting goods, of fireworks,
or of horse feed, horse supplements, horse tack, horse bedding and
grooming supplies, or other taxable expenditures directly related
to horse ownership, riding, or boarding, or livestock show animal
feed, including goat, lamb, pig, chicken, turkey, rabbit, cattle
feed, and show supplements, and livestock show animal grooming
supplies to report to the comptroller as necessary to make the
allocation required by Subsection (b), (c), (c-2), or(c-3), or
(c-4).
SECTION 3. This Act takes effect September 1, 2021.