The text as introduced · 364 words
90R2004 CS-D
By: Money
H.B. No. 144
A BILL TO BE ENTITLED
AN ACT
relating to a study of alternative methods of taxation to replace
revenue lost to political subdivisions if ad valorem taxes are
abolished.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. DEFINITION. In this Act, "commission" means the
Commission to Study Measures to Abolish Ad Valorem Taxes.
SECTION 2. COMPOSITION OF COMMISSION. The commission is
composed of nine members as follows:
(1) the comptroller of public accounts;
(2) three members of the senate appointed by the
lieutenant governor;
(3) three members of the house of representatives
appointed by the speaker of the house of representatives; and
(4) two public members appointed by the governor.
SECTION 3. PRESIDING OFFICER. The comptroller of public
accounts is the presiding officer of the commission.
SECTION 4. MEETINGS. The commission shall meet at the call
of the presiding officer of the commission.
SECTION 5. STAFF. The staff of the office of the
comptroller of public accounts shall serve as the staff of the
commission.
SECTION 6. COMPENSATION; REIMBURSEMENT FOR EXPENSES. A
commission member is not entitled to receive compensation for
service on the commission but is entitled to reimbursement for
actual and necessary expenses, including travel expenses, incurred
by the member in performing commission duties.
SECTION 7. STUDY. The commission shall conduct a study of
alternative methods of taxation to replace revenue lost to
political subdivisions if ad valorem taxes are abolished.
SECTION 8. REPORT. Not later than December 1, 2028, the
commission shall issue a report of the results of the study,
including any legislative recommendations, to the governor, the
lieutenant governor, the speaker of the house of representatives,
and the presiding officer of each legislative standing committee
with jurisdiction over taxation.
SECTION 9. ABOLITION AND EXPIRATION. The commission is
abolished and this Act expires September 1, 2029.
SECTION 10. EFFECTIVE DATE. 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, 2027.