SRC-JXG S.B. 779 76(R)BILL ANALYSIS


Senate Research CenterS.B. 779
By: Madla
Intergovernmental Relations
7/12/1999
Enrolled


DIGEST 

Currently, Texas law does not allow the county tax assessor collector to
accept tax payments electronically. However, the State of Texas may require
businesses making large tax payments to the state to be paid
electronically. S.B. 779 will authorize the county tax assessor collector
to require banks and mortgage companies making aggregate payments in excess
of a certain amount to transfer funds electronically. 

PURPOSE

As enrolled, S.B. 779 authorizes banks and mortgage companies making
aggregate payments in excess of a certain amount to transfer funds
electronically to the county tax assessor collector. 

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 31.06(a), Tax Code, to authorize a collector to
accept a check or money order in payment of taxes, and to accept payment by
credit card or electronic funds transfer. Authorizes a collector and a
person to enter into an agreement under which the person pays taxes by
electronic funds transfer.  Sets forth the agreement requirements. 

SECTION 2. Amends Section 33.011, Tax Code, by adding Subsection (h), to
require the governing body of a taxing unit to waive penalties and interest
on a delinquent tax if certain conditions exist.  

SECTION 3. Emergency clause.
           Effective date: upon passage.