81st Texas Legislature, Senate Bill 1782, Chapter 552 Page: 2 of 6
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S.B. No. 1782
licensed distributor's or licensed importer's right to defer
payment; or
(2) the licensed distributor or licensed importer
failed to pay gasoline taxes due because of circumstances that may
have been outside the distributor's or importer's control afterr
no tice that the licensed distributor or licensed importer is in
SECTION 2. Subsection (c), Section 162.116, Tax Code, is
amended to read as follows:
(c) A supplier or permissive supplier may take a credit for
any taxes that were not remitted in a previous period to the
supplier or permissive supplier by a licensed distributor or
licensed importer as required by Section 162.113. The supplier or
permissive supplier is eligible to take the credit if the
comptroller is notified of the default within 15 [] days after the
default occurs. If a license holder pays to a supplier or
permissive supplier the tax owed, but the payment occurs after the
supplier or permissive supplier has taken a credit on its return,
the supplier or permissive supplier shall remit the payment to the
comptroller with the next monthly return after receipt of the tax,
plus a penalty of 10 percent of the amount of unpaid taxes and
interest at the rate provided by Section 111.060 beginning on the
date the credit was taken.
SECTION 3. Section 162.214, Tax Code, is amended by
amending Subsection (d) and adding Subsection (d-l) to read as
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Texas. Legislature. Senate. 81st Texas Legislature, Senate Bill 1782, Chapter 552, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth149450/m1/2/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.