By Madla S.B. No. 413
77R2871 GJH-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to an exemption from sales and use tax for certain bingo
1-3 equipment.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subchapter H, Chapter 151, Tax Code, is amended by
1-6 adding Section 151.3105 to read as follows:
1-7 Sec. 151.3105. BINGO EQUIPMENT. Bingo equipment, as defined
1-8 by Section 2001.002, Occupations Code, is exempted from the taxes
1-9 imposed by this chapter if the bingo equipment is:
1-10 (1) purchased by an organization licensed to conduct
1-11 bingo under Chapter 2001, Occupations Code; and
1-12 (2) used exclusively to conduct bingo authorized under
1-13 Chapter 2001, Occupations Code.
1-14 SECTION 2. The changes in law made by this Act do not affect
1-15 taxes imposed before the effective date of this Act, and the law in
1-16 effect before the effective date of this Act is continued in effect
1-17 for purposes of the liability for and collection of those taxes.
1-18 SECTION 3. This Act takes effect October 1, 2001.