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A BILL TO BE ENTITLED
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AN ACT
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relating to the consideration of vehicles as assets in determining |
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eligibility for the child health plan program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 62.101, Health and Safety Code, is |
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amended by adding Subsection (b-1) to read as follows: |
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(b-1) In adopting standards under Subsection (b), the |
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commission shall increase the maximum value used to determine |
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whether an exemption is applicable to a vehicle or whether a vehicle |
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has excess value to not less than: |
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(1) 120 percent of the maximum value used on January 1, |
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2007, for determining: |
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(A) whether a vehicle that otherwise qualifies |
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for an exemption based on its usage is exempt; and |
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(B) whether the highest valued vehicle that does |
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not qualify for an exemption based on usage has excess vehicle |
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value; and |
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(2) 150 percent of the maximum value used on January 1, |
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2007, to determine whether any additional vehicle that does not |
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qualify for an exemption based on usage has excess vehicle value. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |