H.B. No. 4739 is a legislative act that eliminates the requirement for a portion of certain retail charge agreement delinquency fees to be remitted to the comptroller. Specifically, the bill repeals Section 345.157(d) of the Finance Code, which previously mandated this remittance. This change aims to simplify the financial obligations of retailers regarding delinquency fees.

The bill also clarifies that the changes made by this Act do not affect any tax liabilities that accrued before its effective date, which is set for January 1, 2026. Existing tax liabilities will continue to be enforced under the former law, ensuring that there is no disruption in the collection of taxes due or in the civil and criminal enforcement of those liabilities.

Statutes affected:
Introduced: Finance Code 345.157 (Finance Code 345)
House Committee Report: Finance Code 345.157 (Finance Code 345)
Engrossed: Finance Code 345.157 (Finance Code 345)
Senate Committee Report: Finance Code 345.157 (Finance Code 345)
Enrolled: Finance Code 345.157 (Finance Code 345)