By:  Stiles                                           H.B. No. 1660
       73R6328 T
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to sales tax exemptions for religious, charitable,
    1-3  educational, and public service organizations.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 151.310 of the Tax Code is amended by
    1-6  adding a new subsection (e) to read as follows:
    1-7        "(e)  A charitable organization that qualifies for an
    1-8  exemption under subsection (a)(2) of this section may hold
    1-9  fundraising auctions at anytime during a calendar year.  The sale
   1-10  of a taxable item at such auction is exempted from the sales tax
   1-11  imposed by Subchapter C of this chapter.  The storage, use, or
   1-12  consumption of a taxable item acquired at such auction is exempted
   1-13  from the use tax imposed by Subchapter D of this chapter until the
   1-14  item is resold or subsequently transferred."
   1-15        SECTION 2.  The importance of this legislation and the
   1-16  crowded condition of the calendars in both houses create an
   1-17  emergency and an imperative public necessity that the
   1-18  constitutional rule requiring bills to be read on three several
   1-19  days in each house be suspended, and this rule is hereby suspended,
   1-20  and that this Act take effect and be in force from and after its
   1-21  passage, and it is so enacted.