JWB S.B. 1269 75(R)BILL ANALYSIS


WAYS & MEANS
S.B. 1269
By: Armbrister (Olivo)
5-5-97
Committee Report (Unamended)



BACKGROUND 

Currently, Section 152.064, Tax Code (Tax Receipts), requires a tax
assessor-collector to retain a copy of the receipt given to a taxpayer as
a permanent transaction. With the Texas Department of Transportation's
newly implemented registration title computerized software, it is thought
to be no longer necessary to retain a hard copy of the receipt as a
permanent record of the transaction. However, it would be necessary to
retain these copies for sales tax information. The bill would not require
the tax assessor-collector to retain one copy of the receipt as a
permanent record of the transaction. 

PURPOSE

The bill removes the provisions regarding the retention of one copy of the
receipt issued to a person paying a tax as prescribed by Chapter 152, Tax
Code (Taxes on Sale, Rental, and Use of Motor Vehicles). 

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
additional rulemaking authority to a state officer, department, agency or
institution. 

SECTION BY SECTION ANALYSIS

SECTION 1.Amends Section 152.064(b), Tax Code (Tax Receipts), deleting the
text requirement that tax assessor-collectors of each county retain a copy
of the receipt as a permanent record of the transaction. Makes conforming
and nonsubstantive changes. 

SECTION 2. Effective date: January 1, 1998.

SECTION 3. Emergency clause.