By: Brimer S.B. No. 658
(In the Senate-Filed February 24, 2003; February 27, 2003,
read first time and referred to Committee on Finance;
April 28, 2003, reported favorably by the following vote: Yeas 13,
Nays 0; April 28, 2003, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to making permanent the exemption from ad valorem taxation
of motor vehicles leased for personal use.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (g), Section 11.252, Tax Code, is
repealed.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2003.
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