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.