By Haywood S.B. No. 1473
76R6088 CBH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to a temporary decrease in the rate of the state sales and
1-3 use tax.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 ARTICLE 1
1-6 SECTION 1.01. SALES TAX RATE. Section 151.051(b), Tax Code,
1-7 is amended to read as follows:
1-8 (b) The sales tax rate is 5-3/4 [6 1/4] percent of the sales
1-9 price of the taxable item sold.
1-10 SECTION 1.02. EFFECTIVE DATE. This article takes effect
1-11 October 1, 1999, and applies to a sale, storage, use, or other
1-12 consumption of a taxable item under Chapter 151, Tax Code, on or
1-13 after that date. The sale, storage, use, or other consumption of a
1-14 taxable item before the effective date of this Act is governed by
1-15 the law in effect at the time of the transaction, and that law is
1-16 continued in effect for the enforcement and collection of those
1-17 taxes.
1-18 ARTICLE 2
1-19 SECTION 2.01. SALES TAX RATE. Section 151.051(b), Tax Code,
1-20 is amended to read as follows:
1-21 (b) The sales tax rate is 6 1/4 percent of the sales price
1-22 of the taxable item sold.
1-23 SECTION 2.02. EFFECTIVE DATE. This article takes effect
1-24 October 1, 2001, and applies to a sale, storage, use, or other
2-1 consumption of a taxable item under Chapter 151, Tax Code, on or
2-2 after that date. The sale, storage, use, or other consumption of a
2-3 taxable item before the effective date of this Act is governed by
2-4 the law in effect at the time of the transaction, and that law is
2-5 continued in effect for the enforcement and collection of those
2-6 taxes.
2-7 ARTICLE 3
2-8 SECTION 3.01. EMERGENCY. The importance of this legislation
2-9 and the crowded condition of the calendars in both houses create an
2-10 emergency and an imperative public necessity that the
2-11 constitutional rule requiring bills to be read on three several
2-12 days in each house be suspended, and this rule is hereby suspended.