By Hirschi H.B. No. 1972 75R6208 MRB-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the requirement that the Sunset Advisory Commission 1-3 review certain tax exemptions. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Chapter 325, Government Code, is amended by 1-6 adding Section 325.006 to read as follows: 1-7 Sec. 325.006. REVIEW OF TAX EXEMPTIONS. (a) During 1998 1-8 and every 12th year after that year, the commission shall identify 1-9 each tax exemption that is granted by or under state law and that 1-10 relates to a sales tax, property tax, or franchise tax and shall: 1-11 (1) analyze each exemption to: 1-12 (A) identify the kinds of persons who benefit 1-13 from the exemption; 1-14 (B) determine the amount of tax revenue that is 1-15 not collected by the state or local governments as a result of the 1-16 exemption; and 1-17 (C) determine whether changes to the exemption, 1-18 including a repeal or expansion of the exemption, would be in the 1-19 public interest; 1-20 (2) gather other information about the exemption that 1-21 the commission considers relevant to a thorough analysis of the 1-22 exemption; and 1-23 (3) prepare a report that summarizes the information 1-24 gathered under this subsection. 2-1 (b) Before February 1 of the year following the year in 2-2 which the report is prepared, the commission shall file the report 2-3 with the lieutenant governor, the speaker of the house of 2-4 representatives, and the presiding officer of the standing 2-5 committee in the house and senate that has primary jurisdiction 2-6 over matters affecting tax revenue. 2-7 SECTION 2. This Act takes effect September 1, 1997. 2-8 SECTION 3. The importance of this legislation and the 2-9 crowded condition of the calendars in both houses create an 2-10 emergency and an imperative public necessity that the 2-11 constitutional rule requiring bills to be read on three several 2-12 days in each house be suspended, and this rule is hereby suspended.