BILL ANALYSIS H.B. 2752 By: Pitts March 29, 1995 Committee Report (Unamended) BACKGROUND Some of the assets of the Super Collider now belong to the State of Texas in the form of the Texas National Research Laboratory Commission. It is possible that those facilities will be leased to help defray costs. The local taxing entities cannot tax the real estate but can levy ad valorem taxes on the leases. PURPOSE This bill establishes a procedure to notify the tax appraisal office of possessory interests (including leases) entered into by public entities or state agencies under Chapter 2301 (Superconducting Super Collider Facility Research Authority), Government Code. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Subchapter C, Chapter 2301, Government Code, by adding Section 2301.0635 NOTICE OF CERTAIN LEASES TO TAX APPRAISAL OFFICE. (a) A public entity or state agency that acquired real property under this Chapter, must notify the tax appraisal office of possessory interest in the property, including leaseholds, held by another person. (b) The notice must be delivered no later than May 1 and include copies of each conveyance of interest. (c) The chief appraiser may request additional information if needed and the public entity or agency shall deliver it or notify the appraiser the agency doesn't possess the information within 30 days of the request. SECTION 2. Emergency clause. SUMMARY OF COMMITTEE ACTION Public notice was posted in accordance with the rules, and a public hearing was held on March 28, 1995. Representative Pitts explained the bill. By a record vote of 9 ayes, 0 nays, 0 present not voting and 2 absent, the committee voted to report H.B. 2752 without amendment to the House with the recommendation that it be sent to the Local & Consent Calendar, and that it do pass. Testimony received in favor of the bill: R. Richard Rhodes, Jr., representing himself David Montgomery, representing the Waxahachie School District