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AN ACT
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relating to the computation of the franchise tax, including certain |
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exclusions from the tax. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 171.0001(12), Tax Code, is amended to |
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read as follows: |
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(12) "Retail trade" means: |
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(A) the activities described in Division G of the |
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1987 Standard Industrial Classification Manual published by the |
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federal Office of Management and Budget; [and] |
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(B) apparel rental activities classified as |
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Industry 5999 or 7299 of the 1987 Standard Industrial |
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Classification Manual published by the federal Office of Management |
|
and Budget; |
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(C) the activities classified as Industry Group |
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753 of the 1987 Standard Industrial Classification Manual published |
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by the federal Office of Management and Budget; |
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(D) rental-purchase agreement activities |
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regulated by Chapter 92, Business & Commerce Code; |
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(E) activities involving the rental or leasing of |
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tools, party and event supplies, and furniture that are classified |
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as Industry 7359 of the 1987 Standard Industrial Classification |
|
Manual published by the federal Office of Management and Budget; |
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and |
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(F) heavy construction equipment rental or |
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leasing activities classified as Industry 7353 of the 1987 Standard |
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Industrial Classification Manual published by the federal Office of |
|
Management and Budget. |
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SECTION 2. Subchapter A, Chapter 171, Tax Code, is amended |
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by adding Sections 171.0022 and 171.0023 to read as follows: |
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Sec. 171.0022. TEMPORARY PERMISSIVE ALTERNATE RATES FOR |
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2014. (a) Notwithstanding Section 171.002(a) and subject to |
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Section 171.1016 and Subsection (b) of this section, a taxable |
|
entity may elect to pay the tax imposed under this chapter at a rate |
|
of 0.975 percent of taxable margin. |
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(b) Notwithstanding Section 171.002(b) and subject to |
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Section 171.1016, a taxable entity primarily engaged in retail or |
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wholesale trade as defined by Sections 171.002(c) and (c-1) may |
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elect to pay the tax imposed under this chapter at a rate of 0.4875 |
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percent of taxable margin. |
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(c) This section applies only to a report originally due on |
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or after January 1, 2014, and before January 1, 2015. |
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(d) This section expires December 31, 2014. |
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Sec. 171.0023. TEMPORARY PERMISSIVE ALTERNATE RATES FOR |
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2015. (a) Notwithstanding Section 171.002(a) and subject to |
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Section 171.1016 and Subsections (b) and (d) of this section, a |
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taxable entity may elect to pay the tax imposed under this chapter |
|
at a rate of 0.95 percent of taxable margin. |
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(b) Notwithstanding Section 171.002(b) and subject to |
|
Section 171.1016 and Subsection (d) of this section, a taxable |
|
entity primarily engaged in retail or wholesale trade as defined by |
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Sections 171.002(c) and (c-1) may elect to pay the tax imposed under |
|
this chapter at a rate of 0.475 percent of taxable margin. |
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(c) This section applies only to a report originally due on |
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or after January 1, 2015, and before January 1, 2016. |
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(d) A taxable entity may elect to compute the tax at the rate |
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provided by Subsection (a) or (b), as applicable, on a report |
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specified by Subsection (c) only if the comptroller certifies, on |
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or after September 1, 2014, that probable revenue for the state |
|
fiscal biennium ending August 31, 2015, is estimated to exceed |
|
probable revenue as stated in the comptroller's Biennial Revenue |
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Estimate for the 2014-2015 fiscal biennium, as adjusted for |
|
estimates of revenue and disbursements associated with legislation |
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enacted by the 83rd Legislature, including any contingent |
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appropriations certified before September 1, 2014, by an amount |
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sufficient to offset the loss in probable revenue that will result |
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if taxable entities elect to compute the tax at the rates provided |
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by Subsections (a) and (b). If the comptroller does not make the |
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certification described by this subsection, a taxable entity may |
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not elect to pay the tax at the rate provided by Subsection (a) or |
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(b) and shall pay the tax at the rates provided by Section 171.002. |
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(e) This section expires December 31, 2015. |
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SECTION 3. Section 171.006(b), Tax Code, is amended to read |
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as follows: |
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(b) Beginning in 2010, on January 1 of each even-numbered |
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year, the amounts prescribed by Sections 171.002(d)(2) [,
|
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171.0021,] and 171.1013(c) are increased or decreased by an amount |
|
equal to the amount prescribed by those sections on December 31 of |
|
the preceding year multiplied by the percentage increase or |
|
decrease during the preceding state fiscal biennium in the consumer |
|
price index and rounded to the nearest $10,000. |
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SECTION 4. Section 171.052(a), Tax Code, is amended to read |
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as follows: |
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(a) Except as provided by Subsection (c), an insurance |
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organization, title insurance company, or title insurance agent |
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authorized to engage in insurance business in this state that is |
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[now] required to pay an annual tax [under Chapter 4 or 9, Insurance
|
|
Code,] measured by its gross premium receipts is exempted from the |
|
franchise tax. A nonadmitted insurance organization that is |
|
required to pay a gross premium receipts tax during a tax year is |
|
exempted from the franchise tax for that same tax year. A |
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nonadmitted insurance organization that is subject to an occupation |
|
tax or any other tax that is imposed for the privilege of doing |
|
business in another state or a foreign jurisdiction, including a |
|
tax on gross premium receipts, is exempted from the franchise tax. |
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SECTION 5. Subchapter B, Chapter 171, Tax Code, is amended |
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by adding Section 171.086 to read as follows: |
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Sec. 171.086. EXEMPTION: POLITICAL SUBDIVISION |
|
CORPORATION. A political subdivision corporation formed under |
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Section 304.001, Local Government Code, is exempted from the |
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franchise tax. |
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SECTION 6. Sections 171.101(a) and (b), Tax Code, are |
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amended to read as follows: |
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(a) The taxable margin of a taxable entity is computed by: |
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(1) determining the taxable entity's margin, which is |
|
the lesser of: |
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(A) the amount provided by this paragraph, which |
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is the lesser of: |
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(i) 70 percent of the taxable entity's total |
|
revenue from its entire business, as determined under Section |
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171.1011; or |
|
(ii) an amount equal to the taxable entity's |
|
total revenue from its entire business as determined under Section |
|
171.1011 minus $1 million; or |
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(B) an amount computed by[:
|
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[(i)] determining the taxable entity's |
|
total revenue from its entire business[,] under Section 171.1011 |
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and [;
|
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[(ii)] subtracting the greater of: |
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(i) $1 million; or |
|
(ii) an amount equal to the sum of: |
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(a) [,] at the election of the taxable |
|
entity, either: |
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(1) [(a)] cost of goods sold, as |
|
determined under Section 171.1012; or |
|
(2) [(b)] compensation, as |
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determined under Section 171.1013; and |
|
(b) any [(iii)
subtracting, in
|
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addition to any subtractions made under Subparagraph (ii)(a) or
|
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(b),] compensation, as determined under Section 171.1013, paid to |
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an individual during the period the individual is serving on active |
|
duty as a member of the armed forces of the United States if the |
|
individual is a resident of this state at the time the individual is |
|
ordered to active duty and the cost of training a replacement for |
|
the individual; |
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(2) apportioning the taxable entity's margin to this |
|
state as provided by Section 171.106 to determine the taxable |
|
entity's apportioned margin; and |
|
(3) subtracting from the amount computed under |
|
Subdivision (2) any other allowable deductions to determine the |
|
taxable entity's taxable margin. |
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(b) Notwithstanding Subsection (a)(1)(B)(ii)(a) |
|
[(a)(1)(B)(ii)], a staff leasing services company may subtract only |
|
the greater of $1 million as provided by Subsection (a)(1)(B)(i) or |
|
compensation as determined under Section 171.1013. |
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SECTION 7. Section 171.1011, Tax Code, is amended by |
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amending Subsection (g-4) and adding Subsections (g-8), (g-10), |
|
(g-11), (u), (v), and (x) to read as follows: |
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(g-4) A taxable entity that is a pharmacy cooperative shall |
|
exclude from its total revenue, to the extent included under |
|
Subsection (c)(1)(A), (c)(2)(A), or (c)(3), flow-through funds |
|
from rebates from pharmacy wholesalers that are distributed to the |
|
pharmacy cooperative's shareholders. A taxable entity that |
|
provides a pharmacy network shall exclude from its total revenue, |
|
to the extent included under Subsection (c)(1)(A), (c)(2)(A), or |
|
(c)(3), reimbursements, pursuant to contractual agreements, for |
|
payments to pharmacies in the pharmacy network. |
|
(g-8) A taxable entity that is primarily engaged in the |
|
business of transporting aggregates shall exclude from its total |
|
revenue, to the extent included under Subsection (c)(1)(A), |
|
(c)(2)(A), or (c)(3), subcontracting payments made by the taxable |
|
entity to independent contractors for the performance of delivery |
|
services on behalf of the taxable entity. In this subsection, |
|
"aggregates" means any commonly recognized construction material |
|
removed or extracted from the earth, including dimension stone, |
|
crushed and broken limestone, crushed and broken granite, other |
|
crushed and broken stone, construction sand and gravel, industrial |
|
sand, dirt, soil, cementitious material, and caliche. |
|
(g-10) A taxable entity that is primarily engaged in the |
|
business of transporting barite shall exclude from its total |
|
revenue, to the extent included under Subsection (c)(1)(A), |
|
(c)(2)(A), or (c)(3), subcontracting payments made by the taxable |
|
entity to nonemployee agents for the performance of transportation |
|
services on behalf of the taxable entity. For purposes of this |
|
subsection, "barite" means barium sulfate (BaSO4), a mineral used |
|
as a weighing agent in oil and gas exploration. |
|
(g-11) A taxable entity that is primarily engaged in the |
|
business of performing landman services shall exclude from its |
|
total revenue, to the extent included under Subsection (c)(1)(A), |
|
(c)(2)(A), or (c)(3), subcontracting payments made by the taxable |
|
entity to nonemployees for the performance of landman services on |
|
behalf of the taxable entity. In this subsection, "landman |
|
services" means: |
|
(1) performing title searches for the purpose of |
|
determining ownership of or curing title defects related to oil, |
|
gas, or other related mineral or petroleum interests; |
|
(2) negotiating the acquisition or divestiture of |
|
mineral rights for the purpose of the exploration, development, or |
|
production of oil, gas, or other related mineral or petroleum |
|
interests; or |
|
(3) negotiating or managing the negotiation of |
|
contracts or other agreements related to the ownership of mineral |
|
interests for the exploration, exploitation, disposition, |
|
development, or production of oil, gas, or other related mineral or |
|
petroleum interests. |
|
(u) A taxable entity shall exclude from its total revenue |
|
the actual cost paid by the taxable entity for a vaccine. |
|
(v) A taxable entity primarily engaged in the business of |
|
transporting goods by waterways that does not subtract cost of |
|
goods sold in computing its taxable margin shall exclude from its |
|
total revenue direct costs of providing transportation services by |
|
intrastate or interstate waterways to the same extent that a |
|
taxable entity that sells in the ordinary course of business real or |
|
tangible personal property would be authorized by Section 171.1012 |
|
to subtract those costs as costs of goods sold in computing its |
|
taxable margin, notwithstanding Section 171.1012(e)(3). |
|
(x) A taxable entity that is registered as a motor carrier |
|
under Chapter 643, Transportation Code, shall exclude from its |
|
total revenue, to the extent included under Subsection (c)(1)(A), |
|
(c)(2)(A), or (c)(3), flow-through revenue derived from taxes and |
|
fees. |
|
SECTION 8. Section 171.1011(p), Tax Code, is amended by |
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adding Subdivision (8) to read as follows: |
|
(8) "Vaccine" means a preparation or suspension of |
|
dead, live attenuated, or live fully virulent viruses or bacteria, |
|
or of antigenic proteins derived from them, used to prevent, |
|
ameliorate, or treat an infectious disease. |
|
SECTION 9. Section 171.1012, Tax Code, is amended by adding |
|
Subsections (k-2) and (k-3) to read as follows: |
|
(k-2) This subsection applies only to a pipeline entity: (1) |
|
that owns or leases and operates the pipeline by which the product |
|
is transported for others and only to that portion of the product to |
|
which the entity does not own title; and (2) that is primarily |
|
engaged in gathering, storing, transporting, or processing crude |
|
oil, including finished petroleum products, natural gas, |
|
condensate, and natural gas liquids, except for a refinery |
|
installation that manufactures finished petroleum products from |
|
crude oil. Notwithstanding Subsection (e)(3) or (i), a pipeline |
|
entity providing services for others related to the product that |
|
the pipeline does not own and to which this subsection applies may |
|
subtract as a cost of goods sold its depreciation, operations, and |
|
maintenance costs allowed by this section related to the services |
|
provided. |
|
(k-3) For purposes of Subsection (k-2), "processing" means |
|
the physical or mechanical removal, separation, or treatment of |
|
crude oil, including finished petroleum products, natural gas, |
|
condensate, and natural gas liquids after those materials are |
|
produced from the earth. The term does not include the chemical or |
|
biological transformation of those materials. |
|
SECTION 10. (a) Section 171.1012, Tax Code, is amended by |
|
adding Subsection (t) to read as follows: |
|
(t) If a taxable entity that is a movie theater elects to |
|
subtract cost of goods sold, the cost of goods sold for the taxable |
|
entity shall be the costs described by this section in relation to |
|
the acquisition, production, exhibition, or use of a film or motion |
|
picture, including expenses for the right to use the film or motion |
|
picture. |
|
(b) Section 171.1012(t), Tax Code, as added by this section, |
|
is a clarification of existing law and does not imply that existing |
|
law may be construed as inconsistent with the law as amended by this |
|
section. |
|
(c) This section takes effect September 1, 2013. |
|
SECTION 11. Section 171.1014, Tax Code, is amended by |
|
amending Subsection (d) and adding Subsection (j) to read as |
|
follows: |
|
(d) For purposes of Section 171.101, a combined group shall |
|
make an election to subtract either cost of goods sold or |
|
compensation that applies to all of its members, or $1 million. |
|
Regardless of the election, the taxable margin of the combined |
|
group may not exceed the amount [70 percent of the combined group's
|
|
total revenue from its entire business, as] provided by Section |
|
171.101(a)(1)(A) for the combined group. |
|
(j) Notwithstanding any other provision of this section, a |
|
taxable entity that provides retail or wholesale electric utilities |
|
may not be included as a member of a combined group that includes |
|
one or more taxable entities that do not provide retail or wholesale |
|
electric utilities if that combined group in the absence of this |
|
subsection: |
|
(1) would not meet the requirements of Section |
|
171.002(c) solely because one or more members of the combined group |
|
provide retail or wholesale electric utilities; and |
|
(2) would have less than five percent of the combined |
|
group's total revenue derived from providing retail or wholesale |
|
electric utilities. |
|
SECTION 12. Section 171.106, Tax Code, is amended by adding |
|
Subsection (g) to read as follows: |
|
(g) A receipt from Internet hosting as defined by Section |
|
151.108(a) is a receipt from business done in this state only if the |
|
customer to whom the service is provided is located in this state. |
|
SECTION 13. (a) Subchapter C, Chapter 171, Tax Code, is |
|
amended by adding Section 171.109 to read as follows: |
|
Sec. 171.109. DEDUCTION OF RELOCATION COSTS BY CERTAIN |
|
TAXABLE ENTITIES FROM MARGIN APPORTIONED TO THIS STATE. (a) In |
|
this section, "relocation costs" means the costs incurred by a |
|
taxable entity to relocate the taxable entity's main office or |
|
other principal place of business from one location to another. The |
|
term includes: |
|
(1) costs of relocating computers and peripherals, |
|
other business supplies, furniture, and inventory; and |
|
(2) any other costs related to the relocation that are |
|
allowable deductions for federal income tax purposes. |
|
(b) Subject to Subsection (c), a taxable entity may deduct |
|
from its apportioned margin relocation costs incurred in relocating |
|
the taxable entity's main office or other principal place of |
|
business to this state from another state if the taxable entity: |
|
(1) did not do business in this state before |
|
relocating the taxable entity's main office or other principal |
|
place of business to this state; and |
|
(2) is not a member of an affiliated group engaged in a |
|
unitary business, another member of which is doing business in this |
|
state on the date the taxable entity relocates the taxable entity's |
|
main office or other principal place of business to this state. |
|
(c) A taxable entity must take the deduction authorized by |
|
Subsection (b) on the report based on the taxable entity's initial |
|
period described by Section 171.151(1). |
|
(d) On the comptroller's request, a taxable entity that |
|
takes a deduction authorized by this section shall file with the |
|
comptroller proof of the deducted relocation costs. |
|
(b) The change in law made by this section applies only to a |
|
taxable entity that relocates the taxable entity's main office or |
|
other principal place of business to this state on or after the |
|
effective date of this section. |
|
(c) This section takes effect September 1, 2013. |
|
SECTION 14. (a) Chapter 171, Tax Code, is amended by adding |
|
Subchapter S to read as follows: |
|
SUBCHAPTER S. TAX CREDIT FOR CERTIFIED REHABILITATION OF CERTIFIED |
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HISTORIC STRUCTURES |
|
Sec. 171.901. DEFINITIONS. In this subchapter: |
|
(1) "Certified historic structure" means a property in |
|
this state that is: |
|
(A) listed individually in the National Register |
|
of Historic Places; |
|
(B) designated as a Recorded Texas Historic |
|
Landmark under Section 442.006, Government Code, or as a state |
|
archeological landmark under Chapter 191, Natural Resources Code; |
|
or |
|
(C) certified by the commission as contributing |
|
to the historic significance of: |
|
(i) a historic district listed in the |
|
National Register of Historic Places; or |
|
(ii) a local district certified by the |
|
United States Department of the Interior in accordance with 36 |
|
C.F.R. Section 67.9. |
|
(2) "Certified rehabilitation" means the |
|
rehabilitation of a certified historic structure that the |
|
commission has certified as meeting the United States secretary of |
|
the interior's Standards for Rehabilitation as defined in 36 C.F.R. |
|
Section 67.7. |
|
(3) "Commission" means the Texas Historical |
|
Commission. |
|
(4) "Eligible costs and expenses" means qualified |
|
rehabilitation expenditures as defined by Section 47(c)(2), |
|
Internal Revenue Code. |
|
Sec. 171.902. ELIGIBILITY FOR CREDIT. An entity is |
|
eligible to apply for a credit in the amount and under the |
|
conditions and limitations provided by this subchapter against the |
|
tax imposed under this chapter. |
|
Sec. 171.903. QUALIFICATION. An entity is eligible for a |
|
credit for eligible costs and expenses incurred in the certified |
|
rehabilitation of a certified historic structure as provided by |
|
this subchapter if: |
|
(1) the rehabilitated certified historic structure is |
|
placed in service on or after September 1, 2013; |
|
(2) the entity has an ownership interest in the |
|
certified historic structure in the year during which the structure |
|
is placed in service after the rehabilitation; and |
|
(3) the total amount of the eligible costs and |
|
expenses incurred exceeds $5,000. |
|
Sec. 171.904. CERTIFICATION OF ELIGIBILITY. (a) Before |
|
claiming, selling, or assigning a credit under this subchapter, the |
|
entity that incurred the eligible costs and expenses in the |
|
rehabilitation of a certified historic structure must request from |
|
the commission a certificate of eligibility on which the commission |
|
certifies that the work performed meets the definition of a |
|
certified rehabilitation. The entity must include with the |
|
entity's request: |
|
(1) information on the property that is sufficient for |
|
the commission to determine whether the property meets the |
|
definition of a certified historic structure; and |
|
(2) information on the rehabilitation, and |
|
photographs before and after work is performed, sufficient for the |
|
commission to determine whether the rehabilitation meets the United |
|
States secretary of the interior's Standards for Rehabilitation as |
|
defined in 36 C.F.R. Section 67.7. |
|
(b) The commission shall issue a certificate of eligibility |
|
to an entity that has incurred eligible costs and expenses as |
|
provided by this subchapter. The certificate must: |
|
(1) confirm that: |
|
(A) the property to which the eligible costs and |
|
expenses relate is a certified historic structure; and |
|
(B) the rehabilitation qualifies as a certified |
|
rehabilitation; and |
|
(2) specify the date the certified historic structure |
|
was first placed in service after the rehabilitation. |
|
(c) The entity must forward the certificate of eligibility |
|
and the following documentation to the comptroller to claim the tax |
|
credit: |
|
(1) an audited cost report issued by a certified |
|
public accountant, as defined by Section 901.002, Occupations Code, |
|
that itemizes the eligible costs and expenses incurred in the |
|
certified rehabilitation of the certified historic structure by the |
|
entity; |
|
(2) the date the certified historic structure was |
|
first placed in service after the rehabilitation and evidence of |
|
that placement in service; and |
|
(3) an attestation of the total eligible costs and |
|
expenses incurred by the entity on the rehabilitation of the |
|
certified historic structure. |
|
(d) For purposes of approving the tax credit under |
|
Subsection (c), the comptroller may rely on the audited cost report |
|
provided by the entity that requested the tax credit. |
|
(e) An entity that sells or assigns a credit under this |
|
subchapter to another entity shall provide a copy of the |
|
certificate of eligibility, together with the audited cost report, |
|
to the purchaser or assignee. |
|
Sec. 171.905. AMOUNT OF CREDIT; LIMITATIONS. (a) The total |
|
amount of the credit under this subchapter with respect to the |
|
rehabilitation of a single certified historic structure that may be |
|
claimed may not exceed 25 percent of the total eligible costs and |
|
expenses incurred in the certified rehabilitation of the certified |
|
historic structure. |
|
(b) The total credit claimed for a report, including the |
|
amount of any carryforward under Section 171.906, may not exceed |
|
the amount of franchise tax due for the report after any other |
|
applicable tax credits. |
|
(c) Eligible costs and expenses may only be counted once in |
|
determining the amount of the tax credit available, and more than |
|
one entity may not claim a credit for the same eligible costs and |
|
expenses. |
|
Sec. 171.906. CARRYFORWARD. (a) If an entity is eligible |
|
for a credit that exceeds the limitation under Section 171.905(b), |
|
the entity may carry the unused credit forward for not more than |
|
five consecutive reports. |
|
(b) A carryforward is considered the remaining portion of a |
|
credit that cannot be claimed in the current year because of the |
|
limitation under Section 171.905(b). |
|
Sec. 171.907. APPLICATION FOR CREDIT. (a) An entity must |
|
apply for a credit under this subchapter on or with the report for |
|
the period for which the credit is claimed. |
|
(b) An entity shall file with any report on which the credit |
|
is claimed a copy of the certificate of eligibility issued by the |
|
commission under Section 171.904 and any other information required |
|
by the comptroller to sufficiently demonstrate that the entity is |
|
eligible for the credit. |
|
(c) The burden of establishing eligibility for and the value |
|
of the credit is on the entity. |
|
Sec. 171.908. SALE OR ASSIGNMENT OF CREDIT. (a) An entity |
|
that incurs eligible costs and expenses may sell or assign all or |
|
part of the credit that may be claimed for those costs and expenses |
|
to one or more entities, and any entity to which all or part of the |
|
credit is sold or assigned may sell or assign all or part of the |
|
credit to another entity. There is no limit on the total number of |
|
transactions for the sale or assignment of all or part of the total |
|
credit authorized under this subchapter, however, collectively all |
|
transfers are subject to the maximum total limits provided by |
|
Section 171.905. |
|
(b) An entity that sells or assigns a credit under this |
|
section and the entity to which the credit is sold or assigned shall |
|
jointly submit written notice of the sale or assignment to the |
|
comptroller on a form promulgated by the comptroller not later than |
|
the 30th day after the date of the sale or assignment. The notice |
|
must include: |
|
(1) the date of the sale or assignment; |
|
(2) the amount of the credit sold or assigned; |
|
(3) the names and federal tax identification numbers |
|
of the entity that sold or assigned the credit or part of the credit |
|
and the entity to which the credit or part of the credit was sold or |
|
assigned; and |
|
(4) the amount of the credit owned by the selling or |
|
assigning entity before the sale or assignment, and the amount the |
|
selling or assigning entity retained, if any, after the sale or |
|
assignment. |
|
(c) The sale or assignment of a credit in accordance with |
|
this section does not extend the period for which a credit may be |
|
carried forward and does not increase the total amount of the credit |
|
that may be claimed. After an entity claims a credit for eligible |
|
costs and expenses, another entity may not use the same costs and |
|
expenses as the basis for claiming a credit. |
|
(d) Notwithstanding the requirements of this subchapter, a |
|
credit earned or purchased by, or assigned to, a partnership, |
|
limited liability company, S corporation, or other pass-through |
|
entity may be allocated to the partners, members, or shareholders |
|
of that entity and claimed under this subchapter in accordance with |
|
the provisions of any agreement among the partners, members, or |
|
shareholders and without regard to the ownership interest of the |
|
partners, members, or shareholders in the rehabilitated certified |
|
historic structure, provided that the entity that claims the credit |
|
must be subject to the tax imposed under this chapter. |
|
Sec. 171.909. RULES. The commission and the comptroller |
|
shall adopt rules necessary to implement this subchapter. |
|
(b) This section takes effect January 1, 2015. |
|
SECTION 15. Sections 171.0021, 171.1016(d), and 171.103(c) |
|
and (d), Tax Code, are repealed. |
|
SECTION 16. Section 1(c), Chapter 286 (H.B. 4765), Acts of |
|
the 81st Legislature, Regular Session, 2009, as amended by Section |
|
37.01, Chapter 4 (S.B. 1), Acts of the 82nd Legislature, 1st Called |
|
Session, 2011, is repealed. |
|
SECTION 17. Section 2, Chapter 286 (H.B. 4765), Acts of the |
|
81st Legislature, Regular Session, 2009, as amended by Section |
|
37.02, Chapter 4 (S.B. 1), Acts of the 82nd Legislature, 1st Called |
|
Session, 2011, and which amended former Subsection (d), Section |
|
171.002, Tax Code, is repealed. |
|
SECTION 18. Section 3, Chapter 286 (H.B. 4765), Acts of the |
|
81st Legislature, Regular Session, 2009, as amended by Section |
|
37.03, Chapter 4 (S.B. 1), Acts of the 82nd Legislature, 1st Called |
|
Session, 2011, and which amended former Subsection (a), Section |
|
171.0021, Tax Code, is repealed. |
|
SECTION 19. This Act applies only to a report originally due |
|
on or after the effective date of this Act. |
|
SECTION 20. Except as otherwise provided by this Act, this |
|
Act takes effect January 1, 2014. |
|
|
|
______________________________ |
______________________________ |
|
President of the Senate |
Speaker of the House |
|
|
|
I certify that H.B. No. 500 was passed by the House on May 8, |
|
2013, by the following vote: Yeas 117, Nays 24, 7 present, not |
|
voting; that the House refused to concur in Senate amendments to |
|
H.B. No. 500 on May 24, 2013, and requested the appointment of a |
|
conference committee to consider the differences between the two |
|
houses; that the House adopted the conference committee report on |
|
H.B. No. 500 on May 26, 2013, by the following vote: Yeas 131, Nays |
|
14, 1 present, not voting; and that the House adopted H.C.R. No. 221 |
|
authorizing certain corrections in H.B. No. 500 on May 27, 2013, by |
|
the following vote: Yeas 145, Nays 3, 2 present, not voting. |
|
|
|
______________________________ |
|
Chief Clerk of the House |
|
|
I certify that H.B. No. 500 was passed by the Senate, with |
|
amendments, on May 21, 2013, by the following vote: Yeas 31, Nays |
|
0; at the request of the House, the Senate appointed a conference |
|
committee to consider the differences between the two houses; that |
|
the Senate adopted the conference committee report on H.B. No. 500 |
|
on May 26, 2013, by the following vote: Yeas 27, Nays 4; and that |
|
the Senate adopted H.C.R. No. 221 authorizing certain corrections |
|
in H.B. No. 500 on May 27, 2013, by the following vote: Yeas 31, Nays |
|
0. |
|
|
|
______________________________ |
|
Secretary of the Senate |
|
APPROVED: __________________ |
|
Date |
|
|
|
__________________ |
|
Governor |