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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of certain revenue from the tax on the |
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sale, rental, and use of motor vehicles to the Texas Mobility Fund. |
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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 by |
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adding Section 152.1223 to read as follows: |
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Sec. 152.1223. ALLOCATION OF CERTAIN TAX REVENUE TO TEXAS |
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MOBILITY FUND. (a) Notwithstanding Sections 152.122 and |
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152.1222, each fiscal year the comptroller shall deposit to the |
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credit of the Texas Mobility Fund the amount received under this |
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chapter that exceeds the amount the comptroller received under this |
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chapter for fiscal year 2011. |
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SECTION 2. This Act takes effect September 1, 2013. |