Texas Transportation Code 451.412 – Effective Date of Tax Rate Change
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Terms Used In Texas Transportation Code 451.412
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
A rate increase or decrease in an authority’s sales and use tax takes effect on:
(1) the first day of the first calendar quarter that begins after the date the comptroller receives the notice provided under § 451.411(b); or
(2) the first day of the second calendar quarter that begins after the date the comptroller receives the notice, if within 10 days after the date of receipt of the notice the comptroller gives written notice to the presiding officer of the board that the comptroller requires more time to implement tax collection and reporting procedures.