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A BILL TO BE ENTITLED
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AN ACT
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relating to the period during which a purchaser's successor |
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liability for taxes owed by the seller of a business may be |
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enforced. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 111.020, Tax Code, is amended by adding |
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Subsection (e-1) to read as follows: |
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(e-1) Notwithstanding Section 111.201 or another period of |
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limitation provided under this title, an obligation of a purchaser |
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under this section may not be enforced after three years from the |
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later of the events described by Subsection (e). |
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SECTION 2. This Act takes effect September 1, 2021. |