1-1     By:  Duncan                                            S.B. No. 482
 1-2           (In the Senate - Filed January 31, 2001; February 1, 2001,
 1-3     read first time and referred to Committee on State Affairs;
 1-4     February 14, 2001, reported favorably by the following vote:  Yeas
 1-5     8, Nays 0; February 14, 2001, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to accounting procedures for structural components of
 1-9     certain state buildings.
1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11           SECTION 1.  Subchapter B, Chapter 2101, Government Code, is
1-12     amended by adding Section 2101.015 to read as follows:
1-13           Sec. 2101.015.  COMPONENTIZATION FOR AGENCY RECEIVING FEDERAL
1-14     FUNDS.  (a)  In this section "componentization" means the process
1-15     of separately calculating the depreciation of major building
1-16     structural components, subsystems, and equipment.
1-17           (b)  This section applies only to a state agency that
1-18     receives federal funds to implement federal or joint federal and
1-19     state programs.
1-20           (c)  A state agency shall complete a componentization of any
1-21     agency-owned building with a fair market value of at least $1
1-22     million.  As each building component is replaced, it shall be
1-23     separately depreciated based on its individual useful life.  At a
1-24     minimum, the agency shall complete any componentization using the
1-25     following component categories and suggested useful lives:
1-26                 (1)  building shell, 30 years;
1-27                 (2)  electrical and lighting systems, 20 years;
1-28                 (3)  plumbing systems, 20 years;
1-29                 (4)  fire protection systems, 20 years;
1-30                 (5)  elevator systems, 20 years;
1-31                 (6)  fixed equipment assets, 20 years;
1-32                 (7)  heating, ventilation, and cooling systems, 15
1-33     years;
1-34                 (8)  floor coverings, 15 years;
1-35                 (9)  interior finish, 15 years;
1-36                 (10)  miscellaneous construction features, 15 years;
1-37     and
1-38                 (11)  roof coverings, 10 years.
1-39           (d)  The comptroller by rule may modify the schedule
1-40     prescribed by Subsection (c).
1-41           SECTION 2.  This Act takes effect September 1, 2001, and
1-42     applies only to expenditures on building components, subsystems,
1-43     and equipment by state agencies on or after that date.
1-44     Expenditures made before the effective date of this Act are
1-45     governed by the law in effect immediately before the effective date
1-46     of this Act, and that law is continued in effect for that purpose.
1-47                                  * * * * *