Floor Packet Page No. 903                                                   

Amend CSHB 3, in Article 1 of the bill, by adding a new Part, 
appropriately designated, to read as follows:
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. SECTION 1__.03. This part takes effect immediately if this Act 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 part takes effect on the 91st day after the last day of the legislative session.