| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to computation of the volume of components blended with |
|
|
taxable diesel for the exemption from motor fuels tax. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 162.204, Tax Code, is amended by adding |
|
|
Subsection (g) to read as follows: |
|
|
(g) An invoice provided by a supplier or permissive supplier |
|
|
or a distributor for a sale for which an exemption is taken under |
|
|
Subsection (a)(9) may be calculated by rounding the volume of the |
|
|
exempt component to the nearest whole percent. The amount of an |
|
|
exemption taken under Subsection (a)(9) must be the same as the |
|
|
amount shown on the invoice and must be reported to the comptroller |
|
|
in that amount. |
|
|
SECTION 2. This Act takes effect immediately if it receives |
|
|
a vote of two-thirds of all the members elected to each house, as |
|
|
provided by Section 39, Article III, Texas Constitution. If this |
|
|
Act does not receive the vote necessary for immediate effect, this |
|
|
Act takes effect September 1, 2011. |