78R13568 QS-F


By:  Williams, et al.                                             S.B. No. 392

Substitute the following for S.B. No. 392:                                    

By:  Hegar                                                    C.S.S.B. No. 392



A BILL TO BE ENTITLED

AN ACT

relating to a repeal of exemptions from certain truth-in-taxation 
provisions for certain conservation and reclamation districts.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Sections 49.107(g) and 49.108(f), Water Code, 
are repealed.      
	SECTION 2.  (a)  This Act takes effect September 1, 2003.                      
	(b)  For the 2003 tax year, the change in law made by this Act 
applies only to a conservation and reclamation district created 
under Section 52, Article III, or Section 59, Article XVI, Texas 
Constitution, and governed by Chapter 49, Water Code, that adopts 
its tax rate on or after the effective date of this Act.  For the 
2003 tax year, a district that adopts its tax rate before the 
effective date is governed by the law as it existed when the tax 
rate was adopted, and that law is continued in effect for that 
purpose.