(a) Except as provided by Subsections (b) and (c), the comptroller by rule shall require a taxpayer who paid $100,000 or more during the preceding fiscal year in a category of payments required under this title to transfer payments in that category by means of electronic funds transfer in accordance with § 404.095, Government Code, if the comptroller reasonably anticipates the person will pay at least that amount during the current fiscal year.
(b) The comptroller by rule shall require a taxpayer who paid $10,000 or more during the preceding fiscal year in the category of payments described by this subsection to transfer payments in that category by means of electronic funds transfer in accordance with § 404.095, Government Code, if the comptroller reasonably anticipates the person will pay at least that amount during the current fiscal year. This subsection applies only to:
(1) state and local sales and use taxes;
(2) direct payment sales taxes;
(3) gas severance taxes;
(4) oil severance taxes;
(5) franchise taxes;
(6) gasoline taxes;
(7) diesel fuel taxes;
(8) hotel occupancy taxes;
(9) insurance premium taxes;
(10) mixed beverage gross receipts taxes;
(11) motor vehicle rental taxes; and
(12) telecommunications infrastructure fund assessments.

Terms Used In Texas Tax Code 111.0625

  • Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Rule: includes regulation. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005

(c) Notwithstanding Subsection (b), if the comptroller determines that the action is necessary to protect the state’s interest or the interests of taxpayers, the comptroller by rule may:
(1) apply the requirements of Subsection (b) to a category of payments not listed in Subsection (b); or
(2) remove the requirements of Subsection (b) from a category of payments listed in Subsection (b).
(d) A rule adopted under Subsection (b) or (c) must provide for a waiver from the requirements of that subsection for a taxpayer who cannot comply because of hardship, impracticality, or other reason.
(e) The comptroller by rule may specify the types of electronic funds transfers a person must use to comply with this section. The rule may require a taxpayer to use different types of transfers for different payment amounts.

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