H.B. No. 2637 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.