| 1 | 1 | | 89R10432 JBD-F |
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| 2 | 2 | | By: Eckhardt S.B. No. 1111 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | |
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| 6 | 6 | | |
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| 7 | 7 | | A BILL TO BE ENTITLED |
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| 8 | 8 | | AN ACT |
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| 9 | 9 | | relating to the inclusion of certain taxes in the comptroller's |
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| 10 | 10 | | report on the effect of certain tax provisions. |
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| 11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Section 403.014(a), Government Code, is amended |
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| 13 | 13 | | to read as follows: |
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| 14 | 14 | | (a) Before each regular session of the legislature, the |
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| 15 | 15 | | comptroller shall report to the legislature and the governor on the |
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| 16 | 16 | | effect, if it is possible to assess, of exemptions, discounts, |
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| 17 | 17 | | exclusions, special valuations, special accounting treatments, |
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| 18 | 18 | | special rates, and special methods of reporting relating to: |
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| 19 | 19 | | (1) sales, excise, and use tax under Chapter 151, Tax |
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| 20 | 20 | | Code; |
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| 21 | 21 | | (2) franchise tax under Chapter 171, Tax Code; |
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| 22 | 22 | | (3) school district property taxes under Title 1, Tax |
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| 23 | 23 | | Code; |
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| 24 | 24 | | (4) motor vehicle tax under Section 152.090, Tax Code; |
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| 25 | 25 | | (4-a) each severance tax under Subtitle I, Title 2, |
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| 26 | 26 | | Tax Code; and |
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| 27 | 27 | | (5) any other tax generating more than five percent of |
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| 28 | 28 | | state tax revenue in the prior fiscal year. |
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| 29 | 29 | | SECTION 2. This Act takes effect immediately if it receives |
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| 30 | 30 | | a vote of two-thirds of all the members elected to each house, as |
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| 31 | 31 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 32 | 32 | | Act does not receive the vote necessary for immediate effect, this |
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| 33 | 33 | | Act takes effect September 1, 2025. |
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