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A BILL TO BE ENTITLED
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AN ACT
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relating to a credit or refund for taxes paid on diesel fuel used in |
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certain manufacturing or production processes. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 162.227, Tax Code, is amended by adding |
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Subsection (c-1) to read as follows: |
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(c-1) A license holder may take a credit on a return for the |
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period in which the purchase occurred, and a person who does not |
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hold a license under this subchapter may file a refund claim with |
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the comptroller, if the license holder or person paid tax on diesel |
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fuel and the diesel fuel is used in this state: |
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(1) as a feedstock in the manufacturing of tangible |
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personal property for resale not as a motor fuel; or |
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(2) in a medium for the removal of drill cuttings from |
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a well bore in the production of oil or gas. |
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SECTION 2. The change in law made by this Act does not |
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affect taxes imposed before the effective date of this Act, and the |
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law in effect before the effective date of this Act is continued in |
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effect for purposes of the liability for and collection of those |
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taxes. |
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SECTION 3. This Act takes effect September 1, 2007. |