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A BILL TO BE ENTITLED
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AN ACT
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relating to the credits to be applied to certain taxes for payments |
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made for improvements to certain roadways. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Amend Chapter 451, Transportation Code, by |
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adding Subchapter R to read as follows: |
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SUBCHAPTER R |
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Section 451.820. An Authority, subject to this |
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subchapter, may claim as credit for taxes due under Subchapter B or |
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Subchapter C, Chapter 162, Tax Code, any funds expended for traffic |
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safety, traffic monitoring, incident response and vehicle removal |
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on a highway or road designated as part of the state highway system |
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by the Texas Department of Transportation under the authority of |
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Section 201.103, Transportation Code. |
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Section 451.821. A credit for taxes payable under |
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Subchapter B or Subchapter C, Tax Code, may be claimed at the time |
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of purchase of fuel or for purchases of fuel within five years of |
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the expenditure for traffic safety, traffic monitoring, incident |
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response and vehicle removal on a highway or road designated as part |
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of the state highway system by the Texas Department of |
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Transportation under the authority of Section 201.103, |
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Transportation Code. |
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Section 451.822. This Subchapter applies only to an |
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Authority in which the principal municipality has a population of |
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more than 1.2 million. |
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SECTION 2. This Act takes effect September 1, 2007. |