|
|
|
|
AN ACT
|
|
relating to the registration of a related finance company for |
|
purposes of the motor vehicle sales and use tax; repealing the |
|
authorization for a fee. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 152.0475(c), Tax Code, is amended to |
|
read as follows: |
|
(c) A related finance company may [annually] register with |
|
the comptroller on a form prescribed by the comptroller. The |
|
comptroller shall make the forms available to the public. A |
|
registration remains in effect until canceled by the registration |
|
holder or the comptroller. |
|
SECTION 2. Section 152.0475(d), Tax Code, is repealed. |
|
SECTION 3. 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, 2017. |
|
|
|
______________________________ |
______________________________ |
|
President of the Senate |
Speaker of the House |
|
|
|
I certify that H.B. No. 2067 was passed by the House on May 4, |
|
2017, by the following vote: Yeas 143, Nays 0, 2 present, not |
|
voting. |
|
|
|
______________________________ |
|
Chief Clerk of the House |
|
|
|
I certify that H.B. No. 2067 was passed by the Senate on May |
|
19, 2017, by the following vote: Yeas 31, Nays 0. |
|
|
|
______________________________ |
|
Secretary of the Senate |
|
APPROVED: _____________________ |
|
Date |
|
|
|
_____________________ |
|
Governor |