HBA-ATS H.B. 1143 76(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 1143 By: Garcia Ways & Means 3/19/1999 Introduced BACKGROUND AND PURPOSE Texas law authorizes the governing body of a taxing unit to tax tangible personal property, including motor vehicles. H.B. 1143 exempts from taxation, by a governing body of any taxing unit, a two-, three-, or four-wheeled motor vehicle whose market value equals $60,000 or less, if provided for a family, or $30,000 or less, if owned by a single adult. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 11.14(c), Tax Code, to add an exemption from taxation under this section, by a governing body of any taxing unit, for a two-, three-, or four-wheeled motor vehicle whose market value equals $60,000 or less, if provided for a family, or $30,000 or less, if owned by a single adult. SECTION 2. Effective date: January 1, 2000. Makes application of this Act prospective. SECTION 3. Emergency clause.