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.