Texas 2019 - 86th Regular

Texas House Bill HB3317

Caption

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

Impact

The impact of HB 3317 on state laws is significant as it intends to enhance the financial oversight of dedicated revenue. By abolishing certain funds and accounts while establishing clear guidelines for the management of new and existing ones, the bill could lead to more efficient use of state resources. It introduces provisions that allow for exemptions in cases of federal law requirements, thus maintaining compliance with both state and federal regulations while managing funds. The intent is to eliminate confusion and reduce redundancy in the state funding framework.

Summary

House Bill 3317 primarily focuses on the creation and re-creation of funds and accounts, along with the dedication and rededication of revenue intended for various purposes. It aims to clarify the processes by which state agencies manage funds and accounts, ensuring these are compliant with state laws. The bill emphasizes the abolition of funds or accounts enacted by the 86th Legislature that do not meet specific statutory requirements, effectively streamlining the financial processes of state agencies and adhering to legislative intent regarding budgetary expenditures.

Sentiment

General sentiment regarding HB 3317 appears to be cautiously optimistic among supporters, who argue that it will simplify financial operations and enhance transparency within state agencies. Critics, however, express concern over potential complications that could arise from the elimination of certain funds, fearing it may limit financial flexibility for specific projects or initiatives that previously relied on those revenues. The discussions highlight the need for a balance between fiscal responsibility and the ability to address local and specific needs through customized funding.

Contention

Notable points of contention surrounding HB 3317 stem from the implications it has on existing funds that serve particular purposes, such as environmental protection or public health initiatives. Some legislators worry that abolishing these funds without adequate replacements could hinder ongoing efforts in crucial areas. The bill's provisions, particularly those that alter how dedicated revenue can be handled, signal an important shift in the operational landscape of state funding, with discussions highlighting the necessity for further scrutiny and consideration of local impacts.

Companion Bills

TX SB2179

Same As Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

Previously Filed As

TX HB3461

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

TX SB1508

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

TX HJR27

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR111

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, and the property tax relief fund.

TX HJR41

Proposing a constitutional amendment regarding the dedication by general law of money received by this state and money held in or deposited to an account or fund inside or outside the state treasury and the authorized expenditure or appropriation of money dedicated by general law.

TX HJR169

Proposing a constitutional amendment providing for the dedication of certain sales and use tax revenue to a special fund established in the state treasury to pay for water infrastructure in this state.

TX HJR186

Proposing a constitutional amendment providing for the creation of the junior college endowment fund and dedicating the interest and other investment income from money in the fund to reduce the cost of tuition at public junior colleges in this state.

TX SB1335

Relating to dedicating certain state revenue to the purpose of retiring state debt.

TX HJR1

Proposing a constitutional amendment creating the state school safety fund to provide ongoing financial support for projects that ensure the safety of public schools in this state and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR203

Proposing a constitutional amendment providing for the creation of the Texas legacy fund and the Texas legacy distribution fund, dedicating the Texas legacy distribution fund to certain state infrastructure projects or the reduction of certain long-term obligations, and providing for the transfer of certain general revenues to the economic stabilization fund, the Texas legacy fund, and the state highway fund.

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