1-1 By: Clemons (Senate Sponsor - Haley) H.B. No. 366 1-2 (In the Senate - Received from the House March 24, 1993; 1-3 March 25, 1993, read first time and referred to Committee on 1-4 Finance; May 10, 1993, reported favorably by the following vote: 1-5 Yeas 11, Nays 0; May 10, 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 payment of certain tax refunds. 1-24 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-25 SECTION 1. Section 26.07(g), Tax Code, is amended to read as 1-26 follows: 1-27 (g) If a property owner pays taxes calculated using the 1-28 higher tax rate when the rate is reduced by an election called 1-29 under this section, the taxing unit shall refund the difference 1-30 between the amount of taxes paid and the amount due under the 1-31 reduced rate if the difference between the amount of taxes paid and 1-32 the amount due under the reduced rate is $1 or more. If the 1-33 difference between the amount of taxes paid and the amount due 1-34 under the reduced rate is less than $1, the taxing unit shall 1-35 refund the difference on request of the taxpayer. An application 1-36 for a refund of less than $1 must be made within 90 days after the 1-37 date the refund becomes due or the taxpayer forfeits the right to 1-38 the refund. 1-39 SECTION 2. This Act takes effect September 1, 1993, and 1-40 applies only to a refund the liability for which arises on or after 1-41 that date. 1-42 SECTION 3. The importance of this legislation and the 1-43 crowded condition of the calendars in both houses create an 1-44 emergency and an imperative public necessity that the 1-45 constitutional rule requiring bills to be read on three several 1-46 days in each house be suspended, and this rule is hereby suspended. 1-47 * * * * * 1-48 Austin, 1-49 Texas 1-50 May 10, 1993 1-51 Hon. Bob Bullock 1-52 President of the Senate 1-53 Sir: 1-54 We, your Committee on Finance to which was referred H.B. No. 366, 1-55 have had the same under consideration, and I am instructed to 1-56 report it back to the Senate with the recommendation that it do 1-57 pass and be printed. 1-58 Montford, 1-59 Chairman 1-60 * * * * * 1-61 WITNESSES 1-62 No witnesses appeared on H.B. No. 366.