|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to the sales and use tax on certain pharmaceutical |
|
biotechnology cleanrooms and equipment. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 151.318(b), Tax Code, is amended to read |
|
as follows: |
|
(b) The exemption includes: |
|
(1) chemicals, catalysts, and other materials that are |
|
used during a manufacturing, processing, or fabrication operation |
|
to produce or induce a chemical or physical change, to remove |
|
impurities, or to make the product more marketable; |
|
(2) semiconductor fabrication cleanrooms and |
|
equipment; and |
|
(3) pharmaceutical biotechnology cleanrooms and |
|
equipment that are installed as part of the construction of a new |
|
facility [with a value of at least $150 million and] on which |
|
construction began after July 1, 2003[, and before August 31,
|
|
2004]. |
|
SECTION 2. The change in law made by this Act does not |
|
affect tax liability accruing before the effective date of this |
|
Act. That liability continues in effect as if this Act had not been |
|
enacted, and the former law is continued in effect for the |
|
collection of taxes due and for civil and criminal enforcement of |
|
the liability for those taxes. |
|
SECTION 3. This Act takes effect July 1, 2007, if it |
|
receives a vote of two-thirds of all members elected to each house, |
|
as provided by Section 39, Article III, Texas Constitution. If this |
|
Act does not receive the vote necessary for effect on that date, |
|
this Act takes effect September 1, 2007. |