1-1  By:  Moffat (Senate Sponsor - Sibley)                 H.B. No. 1233
    1-2        (In the Senate - Received from the House May 1, 1995;
    1-3  May 2, 1995, read first time and referred to Committee on Economic
    1-4  Development; May 22, 1995, reported favorably by the following
    1-5  vote:  Yeas 9, Nays 0; May 22, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to withholding for federal income tax purposes from
    1-9  unemployment compensation benefits.
   1-10        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-11        SECTION 1.  Chapter 207, Labor Code, is amended by adding
   1-12  Subchapter F to read as follows:
   1-13                    SUBCHAPTER F.  TAX WITHHOLDING
   1-14        Sec. 207.101.  WITHHOLDING FROM BENEFITS FOR FEDERAL INCOME
   1-15  TAX.  (a)  An eligible individual may elect to have federal income
   1-16  tax withheld from benefits.  The commission shall withhold federal
   1-17  income taxes from the benefits of an individual who elects the
   1-18  withholding as provided by the Federal Unemployment Tax Act (26
   1-19  U.S.C. Section 3301 et seq.) and Section 303, Social Security Act
   1-20  (42 U.S.C. Section 503), as those laws are amended by P.L. 103-465.
   1-21        (b)  The commission may not withhold federal income tax from
   1-22  benefits as provided by this section until January 1, 1997.
   1-23        SECTION 2.  The importance of this legislation and the
   1-24  crowded condition of the calendars in both houses create an
   1-25  emergency and an imperative public necessity that the
   1-26  constitutional rule requiring bills to be read on three several
   1-27  days in each house be suspended, and this rule is hereby suspended,
   1-28  and that this Act take effect and be in force from and after its
   1-29  passage, and it is so enacted.
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