By: Kolkhorst S.R. No. 1039
 
 
 
SENATE RESOLUTION
         BE IT RESOLVED by the Senate of the State of Texas, 84th
  Legislature, That Senate Rule 12.03 be suspended in part as
  provided by Senate Rule 12.08 to enable the conference committee
  appointed to resolve the differences on House Bill 483 (the
  establishment and administration of a state bullion depository;
  authorizing fees) to consider and take action on the following
  matters:
         (1)  Senate Rules 12.03(1) and (3) are suspended to permit
  the committee to add and amend text which is not in disagreement
  in proposed SECTION 1 of the bill, in added Section
  2116.015(a)(1), Government Code, to read as follows:
               (1)  an individual or fiduciary, including an
  administrator, executor, custodian, guardian, or trustee;
         Explanation: This change is necessary to ensure that an
  individual may use a depository account in the state bullion
  depository as an investment.
         (2)  Senate Rule 12.03(2) is suspended to permit the
  committee to omit text not in disagreement in proposed SECTION 1
  of the bill, in added Section 2116.015, Government Code, by
  omitting proposed Subsection (b), which reads as follows:
         (b)  An investment by an insurance company in a depository
  account is eligible to be applied as a credit against taxes
  payable under Chapters 221 and 222, Insurance Code, in accordance
  with rules adopted by the comptroller after consultation with the
  commissioner of insurance.
         Explanation: The omission is necessary to eliminate the
  implication that certain investments may be applied as tax
  credits.
 
 
 
 
    _______________________________ 
        President of the Senate
     
         I hereby certify that the
    above Resolution was adopted by
    the Senate on May 30, 2015, by
    the following vote:  Yeas 31,
  Nays 0.
   
   
   
    _______________________________ 
        Secretary of the Senate