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.