By:  Lucio, Galloway                                  S.B. No. 1564
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to the enhancement of international trade by granting an
    1-2  exemption from taxation of certain property owned by a navigation
    1-3  district, a port authority, or a municipality that operates a
    1-4  public port.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  Section 11.11, Tax Code, is amended by adding
    1-7  Subsection (h) to read as follows:
    1-8        (h)  Property owned by a navigation district or port
    1-9  authority and property owned by a municipality that operates a
   1-10  public port is used for public purposes and exempt from taxation if
   1-11  it is:
   1-12              (1)  leased to a person or entity, however organized,
   1-13  for any of the purposes stated in Section 60.101, 61.151, 62.107,
   1-14  or 63.153, Water Code; or
   1-15              (2)  held by the navigation district, port authority,
   1-16  or municipality for future expansion of its facilities or for
   1-17  leasing for any of the purposes described in Subdivision (1).
   1-18        SECTION 2.  The importance of this legislation and the
   1-19  crowded condition of the calendars in both houses create an
   1-20  emergency and an imperative public necessity that the
   1-21  constitutional rule requiring bills to be read on three several
   1-22  days in each house be suspended, and this rule is hereby suspended,
   1-23  and that this Act take effect and be in force from and after its
    2-1  passage, and it is so enacted.