Bill Text: TX HB564 | 2019-2020 | 86th Legislature | Introduced

Texas House Bill 564 (Prior Session Legislation)

Introduced

Bill Title: Relating to the definition of "heavy equipment" for purposes of the ad valorem taxation of certain dealer's heavy equipment inventory.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2019-02-20 - Referred to Ways & Means [HB564 Detail]

Download: Texas-2019-HB564-Introduced.html

	86R4286 CJC-F

	By: Nevárez	H.B. No. 564



	A BILL TO BE ENTITLED
	AN ACT
	relating to the definition of "heavy equipment" for purposes of the
	ad valorem taxation of certain dealer's heavy equipment inventory.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 23.1241(a)(6), Tax Code, is amended to
	read as follows:
	(6) "Heavy equipment" means self-propelled,
	self-powered, or pull-type equipment, including farm equipment or a
	diesel engine, that weighs at least 1,500 pounds and is intended to
	be used for agricultural, construction, industrial, maritime,
	mining, or forestry uses. The term does not include:
	(A) a motor vehicle [~~that is~~] required by[:
	[~~(A)~~] Chapter 501, Transportation Code, to be
	titled; [or]
	(B) a motor vehicle required by Chapter 502,
	Transportation Code, to be registered; or
	(C) a natural gas compressor package or unit.
	SECTION 2. This Act applies only to ad valorem taxes imposed
	for a tax year beginning on or after the effective date of this Act.
	SECTION 3. This Act takes effect January 1, 2020.