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HomeMy WebLinkAboutOrdinance 2960ORDINANCE NO. 2960 AN ORDINANCE AMENDING ARTICLE II OF CHAPTER 74 OF THE NORTH RICHLAND HILLS CODE OF ORDINANCES BY ENACTING A NEW SECTION 74-38 PROVIDING FOR THE TAXATION OF GOODS- IN-TRANSIT EXEMPTED UNDER SECTION 11.253, SUBSECTION b, TAX CODE WHEREAS, House Bill 621, approved by the 80th Texas Legislature amends the Texas Tax Code by adding Section 11.253 defining and exempting goods in transition from ad valorem taxation; and, WHEREAS, Subsection (j) of the added Section 11.253 provides that the governing body of a taxing unit may, by official action, provide for the taxation of goods-in-transit exempt under Subsection (b) of the added Subsection 11.253 and not exempt under other law, and WHEREAS, the city council has conducted a public hearing prior to this official action; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS; Section 1: Article II of Chapter 74 of the North Richland Hills Code of Ordinances is hereby amended by adding a new Section 74-38 which shall read as follows: "Sec. 74-38. Goods in transit. Goods in transit, as defined by subsection (a)(2) of Section 11.253, Texas Tax Code which are not exempt from taxation under other law shall be subject to ad valorem taxation and shall not be exempt from taxation as provided by subsection (b) of such section." Section 2: This ordinance shall be in full force and effect from and after its passage and it is so ordained PASSED AND APPROVED on this the 22nd day of October, CITY OFI/It~O,R~lC1~~-ND HILLS By:~~,~~~~ ~ ~~~ ~ Oscar T~vino, Mayor Ordinance No. 2960 Page 1 of 2 ATTEST: ~/~~'~~~a, ~ Patricia Hutson, APPR O FO M AND LEGALITY: Geor A. Staples, G~ity Attorney APPROVED AS TO CONTENT: ,.~ L..~f' ~~1~ Thad Chambers, Economic Development Director Ordinance No. 2960 Page 2 of 2