By Alexander                                          H.B. No. 1682
         77R4230 SMJ-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the rate of the state gasoline tax.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1. Section 153.102, Tax Code, is amended to read as
 1-5     follows:
 1-6           Sec. 153.102.  TAX RATES. (a)  The gasoline tax rate is
 1-7     25[20] cents for each gross or volumetric gallon or fractional part
 1-8     sold or used in this state except as provided by Subsection (b).
 1-9           (b)  The gasoline tax rate for gasoline sold to a transit
1-10     company for exclusive use in its transit carrier vehicles under an
1-11     exemption certificate promulgated by the comptroller is 24[19]
1-12     cents for each gallon.
1-13           SECTION 2. This Act takes effect September 1, 2001, and
1-14     applies  to a taxable sale or use of gasoline under Chapter 153,
1-15     Tax Code, on or after that date.  The taxable sale or use of
1-16     gasoline before the effective date of this Act is governed by the
1-17     law in effect at the time of the transaction, and that law is
1-18     continued in effect  for the enforcement and collection of those
1-19     taxes.