1-1 By: Clemons (Senate Sponsor - Haley) H.B. No. 365
1-2 (In the Senate - Received from the House April 5, 1993;
1-3 April 5, 1993, read first time and referred to Committee on
1-4 Finance; May 13, 1993, reported favorably by the following vote:
1-5 Yeas 12, Nays 0; May 13, 1993, sent to printer.)
1-6 COMMITTEE VOTE
1-7 Yea Nay PNV Absent
1-8 Montford x
1-9 Turner x
1-10 Armbrister x
1-11 Barrientos x
1-12 Bivins x
1-13 Ellis x
1-14 Haley x
1-15 Moncrief x
1-16 Parker x
1-17 Ratliff x
1-18 Sims x
1-19 Truan x
1-20 Zaffirini x
1-21 A BILL TO BE ENTITLED
1-22 AN ACT
1-23 relating to the authority of the comptroller to freeze and levy on
1-24 certain safe deposit boxes.
1-25 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-26 SECTION 1. Section 111.021, Tax Code, is amended by adding
1-27 Subsection (j) to read as follows:
1-28 (j) For purposes of collecting delinquent taxes imposed
1-29 under Chapter 159, the term "asset" includes the contents of a safe
1-30 deposit box. The comptroller shall issue regulations specifying
1-31 procedures for accomplishing a levy upon the contents of a safe
1-32 deposit box, including rules relating to inventory of the box
1-33 contents, delivery of the contents, and reimbursement to the
1-34 financial institution or other safe deposit box facility for
1-35 drilling and other costs.
1-36 SECTION 2. This Act takes effect September 1, 1993.
1-37 SECTION 3. The importance of this legislation and the
1-38 crowded condition of the calendars in both houses create an
1-39 emergency and an imperative public necessity that the
1-40 constitutional rule requiring bills to be read on three several
1-41 days in each house be suspended, and this rule is hereby suspended.
1-42 * * * * *
1-43 Austin,
1-44 Texas
1-45 May 13, 1993
1-46 Hon. Bob Bullock
1-47 President of the Senate
1-48 Sir:
1-49 We, your Committee on Finance to which was referred H.B. No. 365,
1-50 have had the same under consideration, and I am instructed to
1-51 report it back to the Senate with the recommendation that it do
1-52 pass and be printed.
1-53 Montford,
1-54 Chairman
1-55 * * * * *
1-56 WITNESSES
1-57 FOR AGAINST ON
1-58 ___________________________________________________________________
1-59 FOR AGAINST ON
1-60 ___________________________________________________________________
1-61 Name: Laura McElroy x
1-62 Representing: Comptroller of Public Accts
1-63 City: Austin
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