BILL ANALYSIS


                                                        S.B. 1682
                                                       By: Nelson
                                                          Finance
                                                         05-02-95
                                     Committee Report (Unamended)
BACKGROUND

The Texas National Research Laboratory Commission was created to
oversee Texas' interests in the super collider project.  One of the
commission's duties is to lease the existing facilities to public
or private entities.  The school districts which lost tax base to
the super collider and other taxing entities want to be sure that
they collect ad valorem taxes on the leases with private entities.

PURPOSE

As proposed, S.B. 1682 requires notice of certain leases and copies
of the documentation to be provided to the tax appraisal office.
 
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 Chapter 2301C, Government Code, by adding Section
2301.0635, as follows:

     Sec.  2301.0635.  NOTICE OF CERTAIN LEASES TO TAX APPRAISAL
     OFFICE.  (a)  Requires a public entity or state agency that
     owns real property (property) or a facility acquired under
     this chapter to notify the tax appraisal office for the county
     in which the property is located of any possessory interest in
     the property, including a leasehold, that on January 1 is held
     by another person.
     
     (b)  Provides that notice under this section is given by
       delivering to the tax appraisal office, not later than May
       1, a copy of each instrument evidencing the conveyance of a
       possessory interest in the property.
       
       (c)  Authorizes the chief appraiser to request the public
       entity or state agency to provide the additional information
       if after receipt of notice under Subsection (b) the chief
       appraiser of the tax appraisal office determines that
       additional information relating to the conveyance of the
       possessory interest is necessary for the appraisal of that
       interest for ad valorem tax purposes.  Requires the public
       entity or state agency to deliver the requested information
       to the tax appraisal office, or notify the chief tax
       appraisal office that it does not possess the requested
       information if the chief appraiser requests additional
       information under this subsection, before the 30th day after
       the date of the request.
     SECTION 2.     Emergency clause.
           Effective date:  90 days after adjournment.