Bill Text: TX HB1096 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the taxation of a leasehold or other possessory interest in a public facility granted by a public facility corporation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-03-04 - Referred to Ways & Means [HB1096 Detail]
Download: Texas-2021-HB1096-Introduced.html
87R3533 SMT-F | ||
By: Gates | H.B. No. 1096 |
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relating to the taxation of a leasehold or other possessory | ||
interest in a public facility granted by a public facility | ||
corporation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 303.042(f), Local Government Code, is | ||
repealed. | ||
SECTION 2. The repeal of Section 303.042(f), Local | ||
Government Code, does not apply to a leasehold or other possessory | ||
interest granted before the effective date of this Act. A leasehold | ||
or other possessory interest granted before the effective date of | ||
this Act is governed by the law in effect immediately before the | ||
effective date of this Act, and the former law is continued in | ||
effect for that purpose. | ||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2021. |