SRC-TJG, VRA H.B. 179 78(R)   BILL ANALYSIS


Senate Research Center   H.B. 179
78R486 SMH-DBy: Ellis (Ellis)
Finance
5/23/2003
Engrossed


DIGEST AND PURPOSE 

Current Texas law allows for county fair associations to be granted an ad
valorem tax exemption. Associations are required to apply for the
exemption yearly.  H.B. 179 includes county fair associations in the list
of exemptions in Section 11.43(c), Tax Code, so that those associations
are not required to apply for exemptions in subsequent years. 

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 Section 11.43(c), Tax Code, to include a reference to
Section 11.23(h) or (j), rather than Section 11.23(j), in existing text
relating to the qualification of a county fair association for an ad
valorem tax exemption.  

SECTION 2.  Effective date:  January 1, 2004.