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


Senate Research CenterC.S.S.B. 510
By: Staples
Finance
3/12/2003
Committee Report (Substituted)


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.  C.S.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 provide that this
subsection does not exempt from taxation a structure that a person owns
which is substantially affixed to real estate and is used or occupied as a
residential dwelling.  Deletes language which provides that a travel
trailer is not exempt from taxation.  

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

SECTION 3.  Effective date:  upon passage or September 1, 2003.
           Makes application of this Act retroactive to taxes imposed for
the tax year 2002 and            thereafter. 



SUMMARY OF COMMITTEE CHANGES

SECTION 1.  Differs from the original version by adding new language
relating to the taxation of a structure which is affixed to real estate
and is used or occupied as a residential dwelling. 

SECTION 2.  No changes.

SECTION 3.  Differs from the original by making this act effective upon
passage by the Legislature or September 1, 2003, rather than January 1,
2004.  Differs from the original by making application of this Act
retroactive to taxes imposed for the tax year 2002 and thereafter, rather
than being retroactive to January 1, 2004, but only if a certain
constitutional amendment is approved by voters.