By Haggerty                                           H.B. No. 2577
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to records retained for taxation purposes by alcoholic
 1-3     beverage permittees.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1. Chapter 206, Section 206.01, Alcoholic Beverage
 1-6     Code, is amended to read as follows:
 1-7           (a)  A permittee who distills, rectifies, manufactures, or
 1-8     receives any liquor shall make and keep a record of each day's
 1-9     production or receipt of liquor and the amount of tax stamps
1-10     purchased by the permittee.  A   permittee other than a retailer
1-11     shall make and keep a record of each sale of liquor and to who the
1-12     sale is made.  Each transaction shall be made on the day it occurs.
1-13     Permittees shall make and keep any other records required by the
1-14     commission.  All required records shall be kept available for
1-15     inspection by the commission or its authorized representatives for
1-16     at least four years.  All required records may be retained in
1-17     electronic or microfiche formats,  and may be retained on or off
1-18     the premises of the permittee, consistent with the requirements of
1-19     this section.
1-20           (b)  No person may fail or refuse to make and retain for at
1-21     least four years any record required by this section.
1-22           (c)  No person may fail or refuse to keep any record required
 2-1     by this  section open for inspection by the commission or its duly
 2-2     authorized representatives during reasonable office hours.
 2-3           (d)  No person may knowingly, with intent to defraud, make or
 2-4     cause to be made any false entry in any record required by this
 2-5     section or with like intent, alter or cause to be altered any item
 2-6     in one of those records.
 2-7           SECTION 2. This Act takes effect September 1, 2001.