By: Cain S.B. No. 1667
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. Section 206.01, Alcoholic Beverage Code, is
1-6 amended to read as follows:
1-7 Sec. 206.01. RECORDS. (a) A permittee who distills,
1-8 rectifies, manufactures, or receives any liquor shall make and keep
1-9 a record of each day's production or receipt of liquor and the
1-10 amount of tax stamps purchased by the permittee. A permittee other
1-11 than a retailer shall make and keep a record of each sale of liquor
1-12 and to whom the sale is made. Each transaction shall be entered on
1-13 the day it occurs. Permittees shall make and keep any other
1-14 records required by the commission. All required records shall be
1-15 kept available for inspection by the commission or its authorized
1-16 representatives for at least four years. All required records may
1-17 be retained in electronic or microfiche formats and may be retained
1-18 on or off the premises of the permittee, consistent with the
1-19 requirements of 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
1-23 by this section open for inspection by the commission or its duly
1-24 authorized representatives during reasonable office hours.
1-25 (d) No person may knowingly, with intent to defraud, make or
2-1 cause to be made any false entry in any record required by this
2-2 section or with like intent, alter or cause to be altered any item
2-3 in one of those records.
2-4 SECTION 2. This Act take effect September 1, 2001.