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HomeMy WebLinkAboutOrdinance - 2001-O0094 - Amending Chapter 26 Code Of Ordinances Sec 26-11 - 12/03/2001First Reading December 3, 2001 Item No. 20 ORDINANCE NO. 2001-00094 Second Reading December 13, 2001 Item No. 16 AN ORDINANCE AMENDING CHAPTER 26 OF THE CODE OF ORDINANCES OF THE CITY OF LUBBOCK, TEXAS, BY ADDING SECTION 26- 11 PROVIDING FOR THE TAXATION OF LEASED MOTOR VEHICLES; PROVIDING A SA VIN GS CLAUSE AND PROVIDING FOR PUBLICATION OF THIS ORDINANCE AND AN EFFECTIVE DATE HEREOF. WHEREAS, the Legislature of the State of Texas has amended Chapter 11 of the Tax Code by adopting Section 11.252 which exempts from taxation certain leased motor vehicles: and WHEREAS, Tax Code Section 1 l .252(f) provides that the governing body of a municipality may, by ordinance adopted before January 1, 2002, provide for the taxation of leased motor vehicles otherwise exempted from taxation by Tax Code Section 11.252; and WHEREAS, the City Council of the City of Lubbock finds that it is in the best interest of the citizens of the City of Lubbock to provide for the taxation of leased motor vehicles otherwise exempted from taxation by Tax Code Section 11.525; NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the Code of Ordinances, City of Lubbock, Texas, is hereby amended by adding a section, to be numbered 26-11, which said section reads as follows: Leased motor vehicles, as defined in Tax Code Section 11.525, leased within the City of Lubbock, Texas are subject to taxation. The exemption from taxation provided by Tax Code Section 11.252 shall not apply to such vehicles and shall not apply to the City of Lubbock as provided in Tax Code Section 11.525. SECTION 2. THAT should any paragraph, sentence, clause, phrase or word of this Ordinance be declared unconstitutional or invalid for any reason, the remainder of this Ordinance shall not be affected thereby. SECTION 3. THAT the City Secretary is hereby authorized to cause publication of the descriptive caption of this Ordinance as an alternative method provided by law and this Ordinance shall become effective ten days after its last publication. AND IT IS SO ORDERED. i Passed by the City Council on first reading this 3rd day of December Passed by the City Council on second reading this 13t:h day of December ATTEST: ~~.~- Rebecca Garza, City Secretary '-- APPROVED AS TO CONTENT: Assistant City Attorney JK: cp/LeasedVehicles-Taxation. ord ccdocs/November 13, 2001 "· , 2001. , 2001.