By Wilson                                             H.B. No. 2637
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to qualification for sales and use tax exemption of film,
    1-3  video, and audio recording production in Texas.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 151.318, Tax Code, is amended by adding
    1-6  Subsection (p) to read as follows:
    1-7        (p)  The production for consideration of a motion picture or
    1-8  a video or audio recording, a copy of which is sold or offered for
    1-9  ultimate sale, licensed, distributed, broadcast, or otherwise
   1-10  exhibited, is considered "manufacturing" for the purposes of this
   1-11  section.  An exemption shall apply to machinery and equipment that
   1-12  is rented or leased for such a production.
   1-13        SECTION 2.  This Act takes effect October 1, 1993.
   1-14        SECTION 3.  The importance of this legislation and the
   1-15  crowded condition of the calendars in both houses create an
   1-16  emergency and an imperative public necessity that the
   1-17  constitutional rule requiring bills to be read on three several
   1-18  days in each house be suspended, and this rule is hereby suspended.