TITLE 34.PUBLIC FINANCE

Part 1. COMPTROLLER OF PUBLIC ACCOUNTS

Chapter 3. TAX ADMINISTRATION

Subchapter JJ. CIGARETTE AND TOBACCO PRODUCTS REGULATION

34 TAC §3.1202

The Comptroller of Public Accounts adopts an amendment to §3.1202, concerning the tobacco warning signs made available by the comptroller that must be conspicuously displayed at retail locations where cigarettes and tobacco products may be purchased, without changes to the proposed text as published in the November 25, 2011, issue of the Texas Register (36 TexReg 7967). The adopted amendment changes the comptroller's local Austin telephone number where a caller can request the warning signs.

No comments were received regarding adoption of the amendment.

This amendment is adopted under Tax Code, §154.1142 and §155.0592, which provide the comptroller with the authority to prescribe, adopt, and enforce rules relating to the administration and enforcement of the provisions of Tax Code, Title 2, and taxes, fees, or other charges which the comptroller administers under other law.

The amendment implements Health and Safety Code, §161.084.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on January 17, 2012.

TRD-201200181

Ashley Harden

General Counsel

Comptroller of Public Accounts

Effective date: February 6, 2012

Proposal publication date: November 25, 2011

For further information, please call: (512) 936-6472


34 TAC §3.1204

The Comptroller of Public Accounts adopts an amendment to §3.1204, concerning administrative remedies for violation of the Health and Safety Code, Chapter 161, Subchapter H or K, regarding minors and tobacco products, without changes to the proposed text as published in the November 25, 2011, issue of the Texas Register (36 TexReg 7968). The amendment to subsection (b)(2) removes the organization named the Statewide Tobacco Education and Prevention (STEP), which effective September 1, 2011, no longer exists. Nonsubstantive changes have been made throughout to improve clarity and readability.

No comments were received regarding adoption of the amendment.

This amendment is adopted under Tax Code, §154.1142 and §155.0592, which provide the comptroller with the authority to prescribe, adopt, and enforce rules relating to the administration and enforcement of the provisions of Tax Code, Title 2, and taxes, fees, or other charges which the comptroller administers under other law.

The amendment implements Health and Safety Code, §161.090.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on January 17, 2012.

TRD-201200180

Ashley Harden

General Counsel

Comptroller of Public Accounts

Effective date: February 6, 2012

Proposal publication date: November 25, 2011

For further information, please call: (512) 475-0387


Part 9. TEXAS BOND REVIEW BOARD

Chapter 181. BOND REVIEW BOARD

Subchapter A. BOND REVIEW RULES

34 TAC §§181.1 - 181.3, 181.9, 181.10

The Texas Bond Review Board (BRB) adopts amendments to 34 TAC Chapter 181, Subchapter A, §181.1, concerning Definitions; §181.2, concerning Notice of Intention to Issue; §181.3, concerning Application for Board Approval of State Securities Issuance; §181.9, concerning State Exemptions; and §181.10, concerning State Debt Issuer Reports. The amendments are adopted without changes to the proposed text as published in the December 2, 2011, issue of the Texas Register (36 TexReg 8171).

The amendments make changes related to the implementation of Senate Bill 5 in the 82nd Legislature as it provides for certain institution of higher education state securities to be exempt from BRB approval and clarify requirements for reporting information by issuers of state securities. The amendments to §181.10 clarify that reporting requirements imposed pursuant to Subchapters D and E of Chapter 1231 of the Texas Government Code apply regardless of whether state securities are exempt from BRB approval.

The Notice of Proposed Rules did not impose a deadline for receiving comments. BRB did not receive any comments on the proposed amendments. No public hearing was requested under Texas Government Code §2001.029.

The amendments are adopted pursuant to Texas Government Code §1231.022, which gives BRB authority to adopt rules governing application for review, the review process, and reporting requirements.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on January 19, 2012.

TRD-201200231

Bob Kline

Executive Director

Texas Bond Review Board

Effective date: February 8, 2012

Proposal publication date: December 2, 2011

For further information, please call: (512) 475-4805