1-1     By:  Lewis of Orange (Senate Sponsor - Bernsen)       H.B. No. 1100
 1-2           (In the Senate - Received from the House April 9, 2001;
 1-3     April 9, 2001, read first time and referred to Committee on
 1-4     Intergovernmental Relations; April 26, 2001, reported favorably by
 1-5     the following vote:  Yeas 6, Nays 0; April 26, 2001, sent to
 1-6     printer.)
 1-7                            A BILL TO BE ENTITLED
 1-8                                   AN ACT
 1-9     relating to the presumption that certain vessels and other
1-10     watercraft are located in this state only temporarily for ad
1-11     valorem tax purposes.
1-12           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-13           SECTION 1. Section 21.031, Tax Code, is amended by amending
1-14     Subsection (c) and adding Subsections (g) and (h) to read as
1-15     follows:
1-16           (c)  A vessel or other watercraft used as an instrumentality
1-17     of commerce or a special-purpose vessel or other watercraft not
1-18     used as an instrumentality of commerce that is used outside this
1-19     state and is in this state solely to be converted, repaired,
1-20     stored, or inspected is presumed to be in interstate,
1-21     international, or foreign commerce and not located in this state
1-22     for longer than a temporary period for purposes of Sections 11.01
1-23     and 21.02 [of this code].
1-24           (g)  A vessel or other watercraft to be used as an
1-25     instrumentality of commerce or a special-purpose vessel or other
1-26     watercraft not to be used as an instrumentality of commerce that is
1-27     under construction in this state is presumed to be in interstate,
1-28     international, or foreign commerce and not located in this state
1-29     for longer than a temporary period for purposes of Sections 11.01
1-30     and 21.02.
1-31           (h)  Tangible personal property in this state  is presumed to
1-32     be in interstate, international, or foreign commerce and not
1-33     located in this state for longer than a temporary period for
1-34     purposes of Sections 11.01 and 21.02 if the owner demonstrates to
1-35     the chief appraiser that the owner intends to incorporate the
1-36     property in or attach the property to an identified vessel or other
1-37     watercraft described by Subsection (c) or (g).
1-38           SECTION 2. This Act takes effect January 1, 2002.
1-39                                  * * * * *