SRC-MKV S.B. 413 77(R) BILL ANALYSIS Senate Research Center S.B. 413 77R2871 GJH-FBy: Madla Finance 3/30/2001 As Filed DIGEST AND PURPOSE Under current law, a charitable organization licensed to conduct bingo is not exempt from paying a limited sales, excise, and use tax on the equipment used to conduct bingo games, although other organizations with similar tax code designations have received such tax exemptions. As proposed, S.B. 413 amends the Tax Code to exempt bingo equipment from the limited sales, excise, and use tax if the equipment is purchased by an organization licensed to conduct bingo as authorized under the Bingo Enabling Act. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Chapter 151H, Tax Code, by adding Section 151.3105, as follows: Sec. 151.3105. BINGO EQUIPMENT. Provides that bingo equipment, as defined by Section 2001.002 (Definitions), Occupations Code, is exempted from the taxes imposed by this chapter if the equipment is purchased by an organization licensed to conduct bingo under Chapter 2001 (Bingo), Occupations Code, and if it is used exclusively to conduct bingo authorized under Chapter 2001, Occupations Code. SECTION 2. Makes application of this Act prospective. SECTION 3. Effective date: October 1, 2001.