Sec. 334.407. NATURE OF TAX. (a) The tax imposed by this subchapter is a debt owed to the owner or lessee of the designated facility by the user or sublessee of the designated facility and is recoverable at law.
(b) The tax imposed by this subchapter is not an occupation tax imposed on the owner or lessee of the designated facility, the user or the sublessee of the designated facility, the livestock, or the owner of the livestock.
Added by Acts 2003, 78th Leg., ch. 672, Sec. 1, eff. June 20, 2003.
Structure Texas Statutes
Title 10 - Parks and Other Recreational and Cultural Resources
Chapter 334 - Sports and Community Venues
Subchapter K. Livestock Facility Use Tax
Section 334.402. Applicability
Section 334.403. Tax Authorized
Section 334.405. Increase in Maximum Tax Rate
Section 334.407. Nature of Tax
Section 334.408. Effective Date of Tax