| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the crediting of appropriated funds from the collection |
|
|
of taxes imposed on the sale of sporting goods. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 151.801(c-1), Tax Code, is repealed. |
|
|
SECTION 2. Section 151.801(c), Tax Code, is amended to read |
|
|
as follows: |
|
|
(c) The [Subject to Subsection (c-1), the] proceeds from the |
|
|
collection of the taxes imposed by this chapter on the sale, |
|
|
storage, or use of sporting goods shall be deposited as follows: |
|
|
(1) an amount equal to 94 percent of the proceeds shall |
|
|
be credited to the Parks and Wildlife Department and deposited as |
|
|
specified in the Parks and Wildlife Code; and |
|
|
(2) an amount equal to six percent of the proceeds |
|
|
shall be credited to the Texas Historical Commission and deposited |
|
|
as specified in Section 442.073, Government Code. |
|
|
SECTION 3. This Act takes effect September 1, 2011. |