60th Texas Legislature, First Called Session, House Bill 2 Page: 19 of 24
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H.B. No. 2
"(2) This remainder shall then be divided by 1.03. The
answer resulting shall be the taxable gross receipts of the retailer
for reporting purposes as prescribed by Section (B) of this Article.
"The sole purpose of this Section is to permit the widest pos-
sible latitude in the internal accounting systems of retailers and
to avoid requiring certain retailers to remit to the State a tax
computed upon a base which already includes the tax imposed by this
Chapter. Nothing herein shall be construed to relieve the retailer
of the obligation and duty of collecting the tax in the specific
manner prescribed by Article 20.021 of this Chapter."
Sec. 12. Section (T) of Article 20.01, Chapter 20,
Title 122A, Taxation - General, Revised Civil Statutes of Texas,
1925, as amended, is amended to read as follows:
"20.01(T) Contractor or Repairman. 'Contractor or Repairman'
shall mean any person who performs any repair services upon tangible
personal property or who performs any improvement upon real estate
and who, as a necessary and incidental part of performing such ser-
vices, incorporates tangible personal property belonging to him into
the property being so repaired or improved. Contractor or repairman
shall be considered to be the consumer of such tangible personal
property furnished by him and incorporated into the property of his
customer, for all the purposes of this Chapter.
"There are exempted from the computation of the amount of
taxes imposed by this Chapter, the receipts from the sale, lease or
rental of any tangible personal property to, or the storage, use or
other consumption of tangible personal property by any contractor
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60th Texas Legislature, First Called Session, House Bill 2, text, 1968; (https://texashistory.unt.edu/ark:/67531/metapth595271/m1/19/: accessed July 17, 2019), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas Southern University.