By:  Cain                                             S.B. No. 1667
         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 whom the
1-12     sale is made.  Each transaction shall be entered on the day it
1-13     occurs.  Permittees shall make and keep any other records required
1-14     by the commission.  All required records shall be kept available
1-15     for inspection by the commission or its authorized representatives
1-16     for at least four years.  All required records may be retained in
1-17     electronic or microfiche formats, and may be retained on or off of
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
1-23     by this section open for inspection by the commission or its duly
 2-1     authorized representatives during reasonable office hours.
 2-2           (d)  No person may knowingly, with intent to defraud, make or
 2-3     cause to be made any false entry in any record required by this
 2-4     section or with like intent, alter or cause to be altered any item
 2-5     in one of those records.
 2-6           SECTION 2.  This Act take effect September 1, 2001.