SRC-MWN C.S.S.B. 180 77(R)BILL ANALYSIS


Senate Research CenterC.S.S.B. 180
77R6019 SMJ-DBy: Fraser
Finance
3/18/2001
Committee Report (Substituted)


DIGEST AND PURPOSE 

Currently, because of a calculation method used by the state since 1992,
some smaller counties experience a delay in receiving reimbursement from
the state for revenue acquired through motor vehicle registrations. Some
counties do not receive the full amount of the motor vehicle registration
income to which they are entitled. C.S.S.B. 180 reformulates the
calculation to provide for full reimbursement of funds to every county and
to provide for the timely acquisition of the funds for the counties that
currently experience a delay. 

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a
state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 152.121 (c), Tax Code, to require the
comptroller, on request of the county tax assessor-collector, to authorize
the county to retain a portion of the tax and penalties collected under
this chapter to cover the deficiency if the county tax assessor-collector
estimates that the amount of net collections under Chapter 502
(Registration of Vehicles), Transportation Code, is insufficient. 

SECTION 2. Amends Sections 502.102, Transportation Code, to delete text
regarding amounts equal to five percent of the tax and penalties collected
under Chapter 152 (Taxes on Sale, Rental, and Use of Motor Vehicles) and
Section 152.047 (Collection of Tax on Seller-Financed Sale), Tax Code.
Provides that if the credits to the county road and bridge fund equal or
exceed the maximum amount that a county is authorized to credit to the fund
under this section, each Monday the county assessorcollector is required to
perform certain procedures. Provides that if the credits to the county road
and bridge fund equal or exceed the maximum annual, rather than total,
amounts that a county is authorized to credit to the fund under this
section, each Monday the county assessor-collector is required to credit to
the county road and bridge fund an additional amount equal to the new
collections made during the preceding week until the amount credited for
the calender year under this subsection equals five percent of the amount
of tax and penalties collected in the county in the preceding calender year
by certain criteria. Provides that if the credits to the county road and
bridge  fund equal the maximum amounts that a county is authorized to
credit to the fund under this section, each Monday the county
assessorcollector is required to send to the department all collections
made during the preceding week. 

SECTION 3. Effective date: January 1, 2002.

SUMMARY OF COMMITTEE CHANGES

SECTION 2. Amends As Filed S.B. 180, Section 502.102, Transportation Code,
as follows: 

 _Restores Subsection (c) in which was deleted in the As Filed version, and
adds new text. 
 
 _Reletters Subsection (c) to (d) and makes nonsubstantive and conforming
changes. 

 _Adds new Subsection (e).