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 takes effect September 1, 2001.
         _______________________________     _______________________________
             President of the Senate              Speaker of the House
               I hereby certify that S.B. No. 1667 passed the Senate on
         April 20, 2001, by the following vote:  Yeas 30, Nays 0, one
         present, not voting.
                                             _______________________________
                                                 Secretary of the Senate
               I hereby certify that S.B. No. 1667 passed the House on
         May 17, 2001, by a non-record vote.
                                             _______________________________
                                                Chief Clerk of the House
         Approved:
         _______________________________
                      Date
         _______________________________
                    Governor