| |
| |
|
|
A JOINT RESOLUTION
|
|
|
proposing a constitutional amendment to extend the number of days |
|
|
that certain tangible personal property that is exempt from ad |
|
|
valorem taxation due to its location in this state for a temporary |
|
|
period may be located in this state for purposes of qualifying for |
|
|
the tax exemption. |
|
|
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 1-j(a), Article VIII, Texas |
|
|
Constitution, is amended to read as follows: |
|
|
(a) To promote economic development in the State, goods, |
|
|
wares, merchandise, other tangible personal property, and ores, |
|
|
other than oil, natural gas, and other petroleum products, are |
|
|
exempt from ad valorem taxation if: |
|
|
(1) the property is acquired in or imported into this |
|
|
State to be forwarded outside this State, whether or not the |
|
|
intention to forward the property outside this State is formed or |
|
|
the destination to which the property is forwarded is specified |
|
|
when the property is acquired in or imported into this State; |
|
|
(2) the property is detained in this State for |
|
|
assembling, storing, manufacturing, processing, or fabricating |
|
|
purposes by the person who acquired or imported the property; and |
|
|
(3) the property is transported outside of this State |
|
|
not later than 730 [175] days after the date the person acquired or |
|
|
imported the property in this State. |
|
|
SECTION 2. Section 1-n(a), Article VIII, Texas |
|
|
Constitution, as proposed by S.J.R. 6, 77th Legislature, Regular |
|
|
Session, 2001, is amended to read as follows: |
|
|
(a) To promote economic development in this state, the |
|
|
legislature by general law may exempt from ad valorem taxation |
|
|
goods, wares, merchandise, other tangible personal property, and |
|
|
ores, other than oil, natural gas, and other petroleum products, |
|
|
if: |
|
|
(1) the property is acquired in or imported into this |
|
|
state to be forwarded to another location in this state or outside |
|
|
this state, whether or not the intention to forward the property to |
|
|
another location in this state or outside this state is formed or |
|
|
the destination to which the property is forwarded is specified |
|
|
when the property is acquired in or imported into this state; |
|
|
(2) the property is detained at a location in this |
|
|
state that is not owned or under the control of the property owner |
|
|
for assembling, storing, manufacturing, processing, or fabricating |
|
|
purposes by the person who acquired or imported the property; and |
|
|
(3) the property is transported to another location in |
|
|
this state or outside this state not later than 730 [270] days after |
|
|
the date the person acquired the property in or imported the |
|
|
property into this state. |
|
|
SECTION 3. The following temporary provision is added to |
|
|
the Texas Constitution: |
|
|
TEMPORARY PROVISION. (a) This temporary provision applies |
|
|
to the constitutional amendment proposed by the 83rd Legislature, |
|
|
Regular Session, 2013, to extend the number of days that certain |
|
|
tangible personal property that is exempt from ad valorem taxation |
|
|
due to its location in this state for a temporary period may be |
|
|
located in this state for purposes of qualifying for the tax |
|
|
exemption. |
|
|
(b) The amendments to Sections 1-j and 1-n, Article VIII, of |
|
|
this constitution take effect January 1, 2014, and apply only to a |
|
|
tax year that begins on or after that date. |
|
|
(c) This temporary provision expires January 1, 2015. |
|
|
SECTION 4. This proposed constitutional amendment shall be |
|
|
submitted to the voters at an election to be held November 5, 2013. |
|
|
The ballot shall be printed to permit voting for or against the |
|
|
proposition: "The constitutional amendment to extend the number of |
|
|
days that certain tangible personal property that is exempt from ad |
|
|
valorem taxation due to its location in this state for a temporary |
|
|
period may be located in this state for purposes of qualifying for |
|
|
the tax exemption." |