SRC-TNM S.B. 1269 75(R) BILL ANALYSIS Senate Research Center S.B. 1269 By: Armbrister Intergovernmental Relations 3-23-97 As Filed DIGEST Currently, a tax assessor-collector is required 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. S.B. 1269 would not require the tax assessor-collector to retain one copy of the receipt as a permanent record of the transaction. PURPOSE As proposed, S.B. 1269 outlines provisions regarding the duties of the tax assessor-collector relating to certain tax receipt records. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 152.064(b), Tax Code, to delete text requiring the tax assessorcollector of each county to retain a copy of the receipt as a permanent record of the transaction. Makes conforming and nonsubstantive changes. SECTION 2. Effective date: September 1, 1997. SECTION 3. Emergency clause.