1-1 By: Harris S.B. No. 1033
1-2 (In the Senate - Filed March 7, 1997; March 11, 1997, read
1-3 first time and referred to Committee on Finance; April 8, 1997,
1-4 reported favorably by the following vote: Yeas 12, Nays 0;
1-5 April 8, 1997, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the ad valorem taxation of property and to the
1-9 appraisal of property for ad valorem tax purposes.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Subsection (f), Section 23.55, Tax Code, is
1-12 amended to read as follows:
1-13 (f) The sanctions provided by Subsection (a) of this section
1-14 do not apply if the change of use occurs as a result of:
1-15 (1) a sale for right-of-way;
1-16 (2) [or] a condemnation; or
1-17 (3) a transfer of the property to the state or a
1-18 political subdivision of the state to be used for a public purpose.
1-19 SECTION 2. This Act takes effect September 1, 1997.
1-20 SECTION 3. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
1-24 days in each house be suspended, and this rule is hereby suspended,
1-25 and that this Act take effect and be in force from and after its
1-26 passage, and it is so enacted.
1-27 * * * * *