Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 154.050 - Payment(a) The comptroller shall require that payment in full for stamps be made within 30 days after the date stamps and an accompanying invoice from the comptroller are received by the distributor, except that at the close of each biennium, payment for stamps purchased or received on or before August 31 of that fiscal year shall be made in full on or before August 31 of that fiscal year, providing that such payment be received in the office of the comptroller no later than August 31 of that fiscal year notwithstanding any other statute regarding tax due dates to the contrary.(b) The comptroller may not ship stamps without advance payment under this section unless the distributor has satisfied all requirements imposed under Section 154.051.(c) Payment for stamps must be made by cashier's check payable to the comptroller, electronic funds transfer to the comptroller, or any other method of payment authorized by the comptroller.(d) The dishonor of a check delivered to the comptroller for payment of stamps constitutes a failure to pay the tax when due. Acts 1997, 75th Leg., ch. 1423, Sec. 19.26, eff. Sept. 1, 1997 Acts 1997, 75th Leg., ch. 1040, Sec. 42, eff. Sept. 1, 1997 Acts 1991, 72nd Leg., ch. 409, Sec. 10, eff. June 7, 1991 Acts 1989, 71st Leg., ch. 240, Sec. 7, eff. Oct. 1, 1989 Acts 1987, 70th Leg., ch. 580, Sec. 1, eff. Sept. 1, 1987 Amended by Acts 1981, 67th Leg., p. 2779, ch. 752, Sec. 12, eff. Jan. 1, 1982 Acts 1981, 67th Leg., p. 1642, ch. 389, Sec. 1, eff. Jan. 1, 1982.