BILL ANALYSIS H.B. 1611 By: Stiles (Sponsor) Finance 05-05-95 Senate Committee Report (Unamended) BACKGROUND Current law does not exempt certain materials and supplies purchased by a person providing stevedoring services for a ship or vessel operating exclusively in foreign or interstate coastal commerce. PURPOSE As proposed, H.B. 1611 exempts materials and supplies loaded aboard a ship or vessel and not removed before the departure of the ship or vessel. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 151.329, Tax Code, to include, among the items that are exempt from taxes imposed by this chapter, materials and supplies purchased by a person providing stevedoring services for a ship or vessel operating exclusively in foreign or interstate coastal commerce if the materials and supplies are loaded aboard the ship or vessel and are not removed before the departure of the ship or vessel. SECTION 2. (a) Provides that this Act takes effect on the first day of the first calendar quarter beginning on or after the date that it may take effect under Article III, Section 39, of the Texas Constitution. (b) Makes application of this Act prospective. SECTION 3. Emergency clause. Effective date: 90 days after adjournment.