Texas Tax Code

§ 151.421 — VOLUNTARY RELINQUISHMENT OF DIRECT PAYMENT PERMIT

TX § 151.421Title 2. STATE TAXATION · Part E. SALES, EXCISE, AND USE TAXES · Ch. 151. LIMITED SALES, EXCISE, AND USE TAX · Art. I. REPORTS, PAYMENTS, AND METHODS OF REPORTING

Statute text

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(a)The holder of a direct payment permit may notify the comptroller that the direct payment permit is to be voluntarily relinquished.

(b)A direct payment permit and the direct payment agreement remain valid and enforceable until the comptroller issues a termination notice.

Legislative history

Acts 1981, 67th Leg., p. 1574, ch. 389, Sec. 1, eff. Jan. 1, 1982.