87R3294 RDS-D By: Fierro H.B. No. 601 A BILL TO BE ENTITLED AN ACT relating to the amount of certain motor vehicle sales and use taxes and penalties that a county may retain each year. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 152.123(a), Tax Code, is amended to read as follows: (a) The county tax assessor-collector each calendar year shall calculate six [five] percent of the tax and penalties collected by the county tax assessor-collector under this chapter in the preceding calendar year. In addition, the county tax assessor-collector shall calculate each calendar year an amount equal to six [five] percent of the tax and penalties that the comptroller: (1) collected under Section 152.047 in the preceding calendar year; and (2) determines are attributable to sales in the county. SECTION 2. This Act takes effect January 1, 2022.