Bill Text: TX SB2235 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to changing the sales and use tax rate of a metropolitan rapid transit authority.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-21 - Referred to Transportation [SB2235 Detail]
Download: Texas-2019-SB2235-Introduced.html
86R12328 JXC-D | ||
By: Buckingham | S.B. No. 2235 |
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relating to changing the sales and use tax rate of a metropolitan | ||
rapid transit authority. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 451.407, Transportation Code, is amended | ||
to read as follows: | ||
Sec. 451.407. RATE DECREASE: SALES AND USE TAX. (a) The | ||
board may: | ||
(1) decrease by order the authority's sales and use tax | ||
rate; or | ||
(2) order an election to decrease the rate. | ||
(b) The registered voters of an authority, by petition, may | ||
require an election to decrease the authority's sales and use tax | ||
rate, as provided by Section 451.409. | ||
SECTION 2. The heading to Section 451.409, Transportation | ||
Code, is amended to read as follows: | ||
Sec. 451.409. SALES AND USE TAX RATE INCREASE OR DECREASE: | ||
PETITION AND ELECTION. | ||
SECTION 3. Sections 451.409(a), (b), and (d), | ||
Transportation Code, are amended to read as follows: | ||
(a) A petition to increase or decrease the rate of an | ||
authority's sales and use tax is valid only if it is submitted to | ||
the board and signed by at least 10 percent of the authority's | ||
registered voters as determined by the most recent official list of | ||
registered voters. | ||
(b) The board shall submit a petition for an election to | ||
increase or decrease the authority's sales and use tax rate to the | ||
secretary of state. | ||
(d) The board shall call an election to increase or decrease | ||
the tax rate if the secretary determines that a petition is valid or | ||
if the secretary fails to act within the period required by | ||
Subsection (c). | ||
SECTION 4. This Act takes effect September 1, 2019. |