Amend CSHB 2233 by adding the following section to the bill,
appropriately numbered, and renumbering existing sections
accordingly:
SECTION___. (a) Section 21.02, Tax Code, is amended by
amending Subsection (a) and adding Subsection (d) to read as
follows:
(a) Except as provided by Subsections [Subsection] (b) and
(d) and by Sections 21.021, 21.04, and 21.05, tangible personal
property is taxable by a taxing unit if:
(1) it is located in the unit on January 1 for more
than a temporary period;
(2) it normally is located in the unit, even though it
is outside the unit on January 1, if it is outside the unit only
temporarily;
(3) it normally is returned to the unit between uses
elsewhere and is not located in any one place for more than a
temporary period; or
(4) the owner resides (for property not used for
business purposes) or maintains the owner's [his] principal place
of business in this state (for property used for business purposes)
in the unit and the property is taxable in this state but does not
have a taxable situs pursuant to Subdivisions (1) through (3) of
this section.
(d) This subsection does not apply to a drilling rig
designed for offshore drilling or exploration operations. A mobile
portable drilling rig, and equipment associated with the drilling
rig, is taxable by the taxing unit in which the rig is located on
January 1 if the rig was located in the unit for the preceding 365
consecutive days. If the rig and associated equipment was not
located at its January 1 location for the preceding 365 days, it is
taxable by the taxing unit in which the owner's principal place of
business in this state is located on January 1.
(b) Section 21.02, Tax Code, as amended by Subsection (a) of
this section, applies only to an ad valorem tax year that begins on
or after January 1, 2006.
(c) This section takes effect January 1, 2006.