83R10010 TJB-D
By: Morrison H.J.R. No. 132
A JOINT RESOLUTION
proposing a constitutional amendment to provide oil, natural gas,
and other petroleum products held temporarily in this state the
same ad valorem tax-exempt status as is currently provided to other
tangible personal property.
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,
and [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, refining, 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 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, and [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, refining, 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 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 provide oil, natural gas, and other
petroleum products held temporarily in this state the same ad
valorem tax-exempt status as is currently provided to other
tangible personal property.
(b) The amendments to Sections 1-j(a) and 1-n(a), Article
VIII, of this constitution take effect beginning with the tax year
that begins January 1, 2014.
(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 provide oil, natural
gas, and other petroleum products held temporarily in this state
the same ad valorem tax-exempt status as is currently provided to
other tangible personal property."