1-1 By: Wilson (Senate Sponsor - Montford) H.B. No. 2637
1-2 (In the Senate - Received from the House May 13, 1993;
1-3 May 14, 1993, read first time and referred to Committee on Finance;
1-4 May 19, 1993, reported favorably by the following vote: Yeas 13,
1-5 Nays 0; May 19, 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 qualification for sales and use tax exemption of film,
1-24 video, and audio recording production in Texas.
1-25 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-26 SECTION 1. Section 151.318, Tax Code, is amended by adding
1-27 Subsection (p) to read as follows:
1-28 (p) The production for consideration of a motion picture or
1-29 a video or audio recording, a copy of which is sold or offered for
1-30 ultimate sale, licensed, distributed, broadcast, or otherwise
1-31 exhibited, is considered "manufacturing" for the purposes of this
1-32 section. An exemption shall apply to machinery and equipment that
1-33 is rented or leased for such a production.
1-34 SECTION 2. This Act takes effect October 1, 1993.
1-35 SECTION 3. The importance of this legislation and the
1-36 crowded condition of the calendars in both houses create an
1-37 emergency and an imperative public necessity that the
1-38 constitutional rule requiring bills to be read on three several
1-39 days in each house be suspended, and this rule is hereby suspended.
1-40 * * * * *
1-41 Austin,
1-42 Texas
1-43 May 19, 1993
1-44 Hon. Bob Bullock
1-45 President of the Senate
1-46 Sir:
1-47 We, your Committee on Finance to which was referred H.B. No. 2637,
1-48 have had the same under consideration, and I am instructed to
1-49 report it back to the Senate with the recommendation that it do
1-50 pass and be printed.
1-51 Montford,
1-52 Chairman
1-53 * * * * *
1-54 WITNESSES
1-55 FOR AGAINST ON
1-56 ___________________________________________________________________
1-57 Name: Frank Marasco x
1-58 Representing: Victor Duncan Inc.
1-59 City: Irving
1-60 -------------------------------------------------------------------
1-61 Name: James LeBas x
1-62 Representing: Governor's Office
1-63 City: Austin
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