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A BILL TO BE ENTITLED
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AN ACT
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relating to a sales and use tax exemption for books and magazines |
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purchased, used, or consumed by certain university and college |
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students. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter H, Chapter 151, Tax Code, is amended |
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by adding Section 151.3213 to read as follows: |
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Sec. 151.3213. BOOKS AND MAGAZINES PURCHASED, USED, OR |
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CONSUMED BY CERTAIN UNIVERSITY AND COLLEGE STUDENTS. (a) In this |
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section: |
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(1) "Financial assistance" means financial assistance |
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provided to a student through the financial aid office of the |
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college, university, or other institution of higher education at |
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which the student is enrolled. |
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(2) "Magazine" has the meaning assigned by Section |
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151.320(b), and includes a periodical. |
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(b) The sale, use, or consumption of a book or magazine is |
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exempted from the taxes imposed by this chapter if the book or |
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magazine is: |
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(1) written, designed, and produced for educational, |
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instructional, or pedagogical purposes; and |
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(2) purchased by a full-time or part-time student who: |
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(A) receives financial assistance; and |
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(B) is enrolled at an institution of higher |
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education as defined by Section 61.003, Education Code, or a |
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private or independent college or university that is located in |
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this state and that is accredited by a recognized accrediting |
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agency as defined by Section 61.003, Education Code. |
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(c) A person may establish that the person is a full-time or |
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part-time student by presenting a valid student identification |
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card. In addition, the comptroller by rule shall prescribe the |
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manner in which a person may establish, when making an in-person or |
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online purchase, that the person is a full-time or part-time |
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student who receives financial assistance. |
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SECTION 2. The change in law made by this Act does not |
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affect taxes imposed before the effective date of this Act, and the |
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law in effect before the effective date of this Act is continued in |
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effect for purposes of the liability for and collection of those |
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taxes. |
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SECTION 3. This Act takes effect July 1, 2015, if it |
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receives a vote of two-thirds of all the members elected to each |
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house, as provided by Section 39, Article III, Texas Constitution. |
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If this Act does not receive the vote necessary for effect on that |
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date, this Act takes effect October 1, 2015. |