Floor Packet Page No. 491                                                   



	

Amend CSHB 3, in Article 1 of the bill, by adding a new part, 

appropriately designated, to read as follows:



PART ___.  PROPERTY TAX RELIEF FOR CULTURALLY



SIGNIFICANT SITES

	SECTION 1__.01.  Section 11.24, Tax Code, is amended to read 

as follows:     

	Sec. 11.24.  HISTORIC AND CULTURALLY SIGNIFICANT SITES.  The 

governing body of a taxing unit by official action of the body 

adopted in the manner required by law for official actions may 

exempt from taxation part or all of the assessed value of a 

structure or archeological site and the land necessary for access 

to and use of the structure or archeological site, if the structure 

or archeological site is:

		(1)  designated as a Recorded Texas Historic Landmark 

under Chapter 442, Government Code, or a state archeological 

landmark under Chapter 191, Natural Resources Code, by the Texas 

Historical Commission; or

		(2)  designated as a historically, culturally, or 

archeologically significant site in need of tax relief to encourage 

its preservation pursuant to an ordinance or other law adopted by 

the governing body of the unit.

	SECTION 1__.02.  The change in law made by Section 1__.01 of 

this part applies only to a tax year that begins on or after the 

effective date of this Act.