SRC-TJG S.B. 510 78(R)   BILL ANALYSIS


Senate Research Center   S.B. 510
By: Staples
Finance
3/5/2003
As Filed


DIGEST AND PURPOSE 

During the 77th Legislative Session, the legislature created an exemption
for travel trailers from ad valorem taxes except at the school district
level.  Upon adoption of the constitutional amendment in November 2001, it
became apparent that what was thought to be an exemption was actually
adding individuals to the tax roles.  As proposed, S.B. 510 repeals what
was passed during the 77th Session and also authorizes the legislature to
exempt from ad valorem taxation certain travel trailers not held or used
for the production of income, if the accompanying constitutional amendment
is approved by voters. 

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 11.14(a), Tax Code, to make conforming changes
relating to the repeal of Section 11.142, Tax Code. 

SECTION 2.  Repealer: Section 11.142, Tax Code (Travel Trailers).

SECTION 3.  Effective date: January 1, 2004.
           Makes application of this Act retroactive to January 1, 2002,
but only if a certain                constitutional amendment is approved
by voters.