SRC-HRD S.B. 1078 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 1078
By: Lucio
Finance
3-24-97
As Filed


DIGEST 

Currently, port authorities and navigation districts, while not deemed
taxable, are not specifically included among the list of entities exempted
from taxation under Section 11.11, Tax Code.  As a result of this
omission, confusion has existed as to whether port authorities and
navigation districts are considered taxable. 

This bill would provide that property owned by a navigation district or
port authority is used for public purposes and exempt from taxation under
certain conditions. 

PURPOSE

As proposed, S.B. 1078 provides that property owned by a navigation
district or port authority is used for public purposes and exempt from
taxation under certain conditions. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 11.11, Tax Code, by adding Subsection (h), to
provide that property owned by a navigation district or port authority is
used for public purposes and exempt from taxation under certain
conditions. 

SECTION 2. Emergency clause.
  Effective date: upon passage.