By:  Turner, S.                                       H.B. No. 1820
       73R6035 CBH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the creation of an interim legislative committee to
    1-3  study property tax exemptions and tax breaks required or authorized
    1-4  by the state.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  CREATION OF COMMITTEE.  (a)  An interim committee
    1-7  is established to study property tax exemptions and tax breaks
    1-8  required or authorized by state statute or the state constitution.
    1-9        (b)  The committee is composed of:
   1-10              (1)  three senators appointed by the lieutenant
   1-11  governor;
   1-12              (2)  three members of the house of representatives
   1-13  appointed by the speaker of the house of representatives; and
   1-14              (3)  three persons appointed by the governor.
   1-15        (c)  The committee shall conduct studies and make findings
   1-16  regarding the effect of and need for property tax exemptions and
   1-17  tax breaks that are required or authorized by the state.  As part
   1-18  of the study, the committee shall catalog all property tax
   1-19  exemptions, including partial exemptions, and tax breaks, including
   1-20  special appraisals, given to various property owners by any taxing
   1-21  entity in Texas that are required or authorized by state statute or
   1-22  the state constitution.
   1-23        (d)  After completing the study, the committee shall make
   1-24  appropriate recommendations to the 74th Legislature not later than
    2-1  February 1, 1995.  The recommendations must specify the property
    2-2  tax exemptions and tax breaks that should be continued and those
    2-3  that should not continue.
    2-4        (e)  This Act expires on convening of the 74th Legislature,
    2-5  Regular Session, 1995.
    2-6        SECTION 2.  EMERGENCY.  The importance of this legislation
    2-7  and the crowded condition of the calendars in both houses create an
    2-8  emergency and an imperative public necessity that the
    2-9  constitutional rule requiring bills to be read on three several
   2-10  days in each house be suspended, and this rule is hereby suspended.