SRC-VRA S.B. 1646 78(R) BILL ANALYSIS Senate Research Center S.B. 1646 By: Staples Finance 4/8/2003 As Filed DIGEST AND PURPOSE Timber value is determined by the timber manual as set forth by the Texas Forest Service through rules implemented by the Texas comptroller of public accounts. As proposed, S.B. 1646 creates uniform valuation of timber land in East Texas counties to add greater stability in annual valuations. 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 23.71(2), Tax Code, to redefine "net to land." SECTION 2. Effective date: upon passage.