1-1  By:  Kuempel (Senate Sponsor - Ratliff)                H.B. No. 467
    1-2        (In the Senate - Received from the House May 15, 1995;
    1-3  May 17, 1995, read first time and referred to Committee on Finance;
    1-4  May 25, 1995, reported favorably by the following vote:  Yeas 8,
    1-5  Nays 0; May 25, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to taxation of fuel used in the repair of rolling stock.
    1-9        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-10        SECTION 1.  Section 151.331, Tax Code, is amended to read as
   1-11  follows:
   1-12        Sec. 151.331.  ROLLING STOCK; TRAIN FUEL AND SUPPLIES.
   1-13  (a)  Rolling stock, locomotives, and fuel and supplies essential to
   1-14  the operation of locomotives and trains are exempted from the taxes
   1-15  imposed by this chapter.
   1-16        (b)  Electricity, natural gas, and other fuels used or
   1-17  consumed predominately in the repair, maintenance, or restoration
   1-18  of rolling stock are exempt from the taxes imposed by this chapter.
   1-19        SECTION 2.  (a)  This Act takes effect October 1, 1995.
   1-20        (b)  The change in law made by this Act does not affect tax
   1-21  liability accruing before the effective date of this Act.  That
   1-22  liability continues in effect as if this Act had not been enacted,
   1-23  and the former law is continued in effect for the collection of
   1-24  taxes due and for civil and criminal enforcement of the liability
   1-25  for those taxes.
   1-26        SECTION 3.  The importance of this legislation and the
   1-27  crowded condition of the calendars in both houses create an
   1-28  emergency and an imperative public necessity that the
   1-29  constitutional rule requiring bills to be read on three several
   1-30  days in each house be suspended, and this rule is hereby suspended.
   1-31                               * * * * *