SENATE BILL 590 |
SENATE AUTHOR: Duncan et al. |
EFFECTIVE: 05-09-97 |
HOUSE SPONSOR: Turner, Bob |
State law forbids the adoption or increase of city or county sales and use taxes if the resultant combined local tax rate exceeds two percent anywhere in the city or county. Senate Bill 590 adds temporary Tax Code provisions relating to a city or county where voters nevertheless have approved an increase in violation of the prohibition in an election held in a specified time interval in 1995. Notwithstanding the prohibition, the act authorizes the governing body of the city or the commissioners court of the county to ratify the tax approved by voters, provided such action is taken before June 30, 1997. The act provides for notice to the comptroller of any city or county action. The temporary provisions expire October 1, 1998.