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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of revenue received from the tax imposed |
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on the gross receipts from the rental of a motor vehicle. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended |
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by adding Section 152.1226 to read as follows: |
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Sec. 152.1226. ALLOCATION OF TAX IMPOSED ON GROSS RENTAL |
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RECEIPTS. The comptroller shall deposit to the credit of the state |
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highway fund the revenue received by the comptroller under Section |
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152.045. |
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SECTION 2. This Act takes effect September 1, 2013. |