78R3651 CBH-D

By:  Gutierrez                                                    H.B. No. 1995


A BILL TO BE ENTITLED
AN ACT
relating to the price of export stamps issued by the comptroller of public accounts. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 151.158(g), Tax Code, is amended to read as follows: (g) The comptroller shall charge $1 [an amount not to exceed five cents] for each stamp. [The comptroller shall use the money from the sale of the stamps only for costs related to producing the stamps, including costs of materials, labor, and overhead.] SECTION 2. This Act takes effect September 1, 2003, and applies only to export stamps sold on or after that date. An export stamp sold before the effective date of this Act is governed by the law in effect on the date the stamp was sold, and that law is continued in effect for that purpose.