83R9158 KLA-D
By: Hilderbran H.B. No. 3113
A BILL TO BE ENTITLED
AN ACT
relating to the application of the exemption from the sales and use
tax for property used in manufacturing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.318, Tax Code, is amended by adding
Subsection (v) to read as follows:
(v) For purposes of the exemption from the tax imposed by
this chapter that is authorized by this section, bringing oil or gas
to the surface of the earth is not considered manufacturing,
processing, or fabricating for ultimate sale.
SECTION 2. The amendment made by this Act is a clarification
of existing law and does not imply that existing law may be
construed as inconsistent with the law as amended by this Act.
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, 2013.