By: Perry S.B. No. 724

(In the Senate - Filed February 24, 2015; March 2, 2015, read first time and referred to Committee on Finance; April 23, 2015, reported adversely, with favorable Committee Substitute by the following vote: Yeas 12, Nays 0; April 23, 2015, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 724 By: Nichols

A BILL TO BE ENTITLED

AN ACT

relating to the motor vehicle sales tax applicable to motor vehicles used by transportation companies for certain purposes.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 152.082, Tax Code, is amended to read as follows:

Sec. 152.082. SALE OF MOTOR VEHICLE TO OR USE OF MOTOR VEHICLE BY PUBLIC AGENCY. The taxes imposed by this chapter do not apply to the sale [of a motor vehicle to] or use of a motor vehicle [by a public agency] if the motor vehicle is operated with an exempt license plate issued under Section 502.451, Transportation Code, and is for use by:

(1) a public agency; or

(2) a commercial transportation company to provide transportation services under a contract with:

(A) a board of county school trustees or school district board of trustees under Section 34.008, Education Code; or

(B) the governing body of an open-enrollment charter school.

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, 2015.

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