By Keffer                                              H.B. No. 341
         77R2723 SMJ-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to disposition by counties of motor vehicle registration
 1-3     fees and sales tax revenue.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Section 152.121(c), Tax Code, is amended to read
 1-6     as follows:
 1-7           (c)  If the county tax assessor-collector estimates that the
 1-8     amount of net collections under Chapter 502, Transportation Code,
 1-9     is insufficient to cover the amount of those net collections
1-10     authorized to be retained by a county as a percentage of the tax
1-11     and penalties collected under this chapter, the comptroller shall
1-12     on request of the county tax assessor-collector authorize the
1-13     county to retain a portion of the tax and penalties collected under
1-14     this chapter to cover the deficiency.
1-15           SECTION 2.  Sections 502.102(b), (c), and (d), Transportation
1-16     Code, are amended to read as follows:
1-17           (b)  Each Monday, a county assessor-collector shall credit to
1-18     the county road and bridge fund an amount equal to the net
1-19     collections made during the preceding week until the amount so
1-20     credited for the calendar year equals the total of:
1-21                 (1)  $60,000;
1-22                 (2)  $350 for each mile of county road maintained by
1-23     the county, according to the most recent information available from
1-24     the department, not to exceed 500 miles; and
 2-1                 (3)  [an amount equal to five percent of the tax and
 2-2     penalties collected by the assessor-collector under Chapter 152,
 2-3     Tax Code, in the preceding calendar year; and]
 2-4                 [(4)  an amount equal to five percent of the tax and
 2-5     penalties collected by the comptroller under Section 152.047, Tax
 2-6     Code, in the preceding calendar year.]
 2-7           [(c)  After the credits to the county road and bridge fund
 2-8     equal the total computed under Subsection (b), each Monday the
 2-9     county assessor-collector shall:]
2-10                 [(1)  credit to the county road and bridge fund] an
2-11     amount equal to 50 percent of the net collections made during the
2-12     preceding week, until the amount so credited for the calendar year
2-13     equals $125,000[; and]
2-14                 [(2)  send to the department an amount equal to 50
2-15     percent of those collections].
2-16           (c)  After the credits to the county road and bridge fund
2-17     equal the total computed under Subsection (b), each Monday the
2-18     county assessor-collector shall credit to the county road and
2-19     bridge fund an amount equal to five percent of the tax and
2-20     penalties collected in the preceding calendar year by:
2-21                 (1)  the assessor-collector under Chapter 152, Tax
2-22     Code; and
2-23                 (2)  the comptroller under Section 152.047, Tax Code.
2-24           (d)  After the credits to the county road and bridge fund
2-25     equal the total amounts computed under Subsections (b) and (c)
2-26     [(c)(1)], each Monday the county assessor-collector shall send to
2-27     the department all collections made during the preceding week.
 3-1           SECTION 3.  This Act takes effect January 1, 2002.