| 1 | | - | By: King of Taylor (Senate Sponsor - Uresti) H.B. No. 1261 |
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| 2 | | - | (In the Senate - Received from the House April 27, 2015; |
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| 3 | | - | May 7, 2015, read first time and referred to Committee on Finance; |
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| 4 | | - | May 14, 2015, reported favorably by the following vote: Yeas 14, |
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| 5 | | - | Nays 0; May 14, 2015, sent to printer.) |
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| 6 | | - | Click here to see the committee vote |
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| 1 | + | H.B. No. 1261 |
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| 10 | 4 | | AN ACT |
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| 11 | 5 | | relating to the comptroller's report on the effect of certain tax |
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| 12 | 6 | | provisions. |
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| 13 | 7 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 14 | 8 | | SECTION 1. Section 403.014, Government Code, is amended by |
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| 15 | 9 | | adding Subsection (a-1) to read as follows: |
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| 16 | 10 | | (a-1) In preparing the report under Subsection (a), if |
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| 17 | 11 | | actual data is not available, the comptroller shall use available |
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| 18 | 12 | | statistical data to estimate the effect of an exemption, discount, |
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| 19 | 13 | | exclusion, special valuation, special accounting treatment, |
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| 20 | 14 | | special rate, or special method of reporting relating to a tax. If |
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| 21 | 15 | | the report states that the effect of a particular tax preference |
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| 22 | 16 | | cannot be determined, the comptroller must include in the report a |
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| 23 | 17 | | complete explanation of why the comptroller reached that |
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| 24 | 18 | | conclusion. |
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| 25 | 19 | | SECTION 2. This Act takes effect September 1, 2015. |
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| 26 | | - | * * * * * |
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| 20 | + | ______________________________ ______________________________ |
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| 21 | + | President of the Senate Speaker of the House |
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| 22 | + | I certify that H.B. No. 1261 was passed by the House on April |
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| 23 | + | 23, 2015, by the following vote: Yeas 139, Nays 0, 2 present, not |
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| 24 | + | voting. |
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| 25 | + | ______________________________ |
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| 26 | + | Chief Clerk of the House |
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| 27 | + | I certify that H.B. No. 1261 was passed by the Senate on May |
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| 28 | + | 20, 2015, by the following vote: Yeas 31, Nays 0. |
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| 29 | + | ______________________________ |
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| 30 | + | Secretary of the Senate |
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| 31 | + | APPROVED: _____________________ |
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| 32 | + | Date |
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| 33 | + | _____________________ |
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| 34 | + | Governor |
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