By King of Uvalde                                     H.B. No. 2426
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to certain exemptions from the state sales, excise and use
 1-3     tax.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Subchapter H, Chapter 151, Section 151.311, Tax
 1-6     Code is amended to read as follows:
 1-7           (b)  The purchase of tangible personal property, [other than]
 1-8     including machinery or equipment and its accessories and repair and
 1-9     replacement parts, for use in the performance of a contract for an
1-10     improvement to realty for an organization exempted under Section
1-11     151.309 or 151.310 of this code is exempt if the tangible personal
1-12     property is:
1-13                 (1)  necessary and essential for the performance of the
1-14     contract; or
1-15                 (2)  completely consumed at the job site; or
1-16                 (3)  equipment which is purchased and/or rented for use
1-17     on the project.
1-18           SECTION 2.  The importance of this legislation and the
1-19     crowded condition of the calendars in both houses create an
1-20     emergency and an imperative public necessity that the
1-21     constitutional rule requiring bills to be read on three several
 2-1     days in each house be suspended, and this rule is hereby suspended,
 2-2     and that this Act take effect and be in force from and after its
 2-3     passage, and it is so enacted.