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Senate Bill 475 |
Senate Author: Van de Putte |
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Effective: 6-14-13 |
House Sponsor: Rodriguez, Justin |
Under previous law, a municipal sales and use tax imposed for street maintenance in certain municipalities expired either on the fourth anniversary of the date the tax originally took effect or on the first day of the first calendar quarter occurring after the fourth anniversary of the date the tax was last reauthorized. Senate Bill 475 amends the Tax Code to make that expiration date for a tax that has been reauthorized applicable only if, at the reauthorization election, the voters approve the imposition of the tax for a period that expires on that fourth anniversary. If such a tax is imposed in a general-law municipality with a population of 10,000 or more surrounded entirely by a municipality with a population of 1.3 million or more, and the voters approve the imposition of the tax for a 10-year period rather than a 4-year period, the tax expires on the last day of the first calendar quarter occurring after the 10th anniversary of its reauthorization.