1 | 1 | | 81R6057 JJT-F |
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2 | 2 | | By: Callegari H.J.R. No. 101 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A JOINT RESOLUTION |
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6 | 6 | | proposing a constitutional amendment concerning the limitation on |
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7 | 7 | | the rate of growth of state appropriations and the use of |
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8 | 8 | | unencumbered surplus state revenues to provide a rebate of state |
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9 | 9 | | franchise taxes, to reduce public school district property taxes, |
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10 | 10 | | and to fund the state's rainy day fund. |
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11 | 11 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 12 | | SECTION 1. Section 22, Article VIII, Texas Constitution, is |
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13 | 13 | | amended to read as follows: |
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14 | 14 | | Sec. 22. (a) In no biennium shall the rate of growth of |
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15 | 15 | | appropriations from all sources of revenue other than the federal |
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16 | 16 | | government [state tax revenues not dedicated by this constitution] |
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17 | 17 | | exceed a rate equal to the sum of the estimated rates [rate] of |
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18 | 18 | | increase or decrease, during the biennium preceding the biennium |
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19 | 19 | | for which the appropriations are made, [growth] of: |
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20 | 20 | | (1) the state's population; and |
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21 | 21 | | (2) inflation or deflation in this state in the prices |
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22 | 22 | | of goods. |
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23 | 23 | | (b) The rates described by Subsection (a) of this section |
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24 | 24 | | shall be estimated in the manner provided by general law [economy]. |
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25 | 25 | | If the sum of those estimated rates is a negative number, |
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26 | 26 | | appropriations for the biennium from all sources of revenue other |
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27 | 27 | | than the federal government must decrease by a rate at least equal |
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28 | 28 | | to the sum of those estimated rates. |
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29 | 29 | | (c) In this section, the rate of change of appropriations |
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30 | 30 | | from all sources of revenue other than the federal government is the |
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31 | 31 | | percentage difference between: |
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32 | 32 | | (1) the amount of money appropriated for the current |
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33 | 33 | | biennium from those sources as estimated in the manner prescribed |
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34 | 34 | | by law at or near the time the legislature convenes in regular |
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35 | 35 | | session during the current biennium; and |
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36 | 36 | | (2) the amount of money appropriated for the next |
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37 | 37 | | biennium from those sources as finally estimated by the comptroller |
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38 | 38 | | at the times the Acts making appropriations are considered by the |
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39 | 39 | | comptroller under Article III, Section 49a, of this constitution. |
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40 | 40 | | (d) The legislature shall provide by general law procedures |
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41 | 41 | | to implement Subsections (a), (b), and (c) of this section |
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42 | 42 | | [subsection]. |
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43 | 43 | | (e) [(b)] If the legislature by adoption of a resolution |
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44 | 44 | | approved by a record vote of two-thirds [a majority] of the members |
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45 | 45 | | of each house finds that an emergency exists and identifies the |
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46 | 46 | | nature of the emergency, the legislature may provide for |
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47 | 47 | | appropriations in excess of the amount authorized by Subsection (a) |
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48 | 48 | | of this section. The excess authorized under this subsection may |
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49 | 49 | | not exceed the amount specified in the resolution. |
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50 | 50 | | (f) [(c)] In no case shall appropriations exceed revenues |
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51 | 51 | | as provided in Article III, Section 49a, of this constitution. |
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52 | 52 | | Nothing in this section shall be construed to alter, amend, or |
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53 | 53 | | repeal Article III, Section 49a, of this constitution. |
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54 | 54 | | SECTION 2. Section 49a, Article III, Texas Constitution, is |
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55 | 55 | | amended by adding Subsections (c) and (d) to read as follows: |
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56 | 56 | | (c) A bill containing an appropriation may not be considered |
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57 | 57 | | as passed and may not be sent to the Governor for consideration |
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58 | 58 | | until the Comptroller of Public Accounts endorses on the bill the |
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59 | 59 | | comptroller's certificate showing that the amount appropriated |
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60 | 60 | | does not exceed the limitation on the rate of growth of |
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61 | 61 | | appropriations imposed by Section 22, Article VIII, of this |
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62 | 62 | | constitution. |
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63 | 63 | | (d) When the Comptroller of Public Accounts finds that a |
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64 | 64 | | bill containing an appropriation exceeds the limitation on the rate |
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65 | 65 | | of growth of appropriations imposed by Section 22, Article VIII, of |
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66 | 66 | | this constitution, the comptroller shall endorse that finding on |
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67 | 67 | | the bill, return the bill to the House in which it originated, and |
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68 | 68 | | immediately notify the House of Representatives and the Senate of |
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69 | 69 | | the finding. |
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70 | 70 | | SECTION 3. Subsection (b), Section 49-g, Article III, Texas |
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71 | 71 | | Constitution, is amended to read as follows: |
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72 | 72 | | (b) The comptroller shall, not later than the 90th day of |
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73 | 73 | | each biennium, transfer to the economic stabilization fund 25 |
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74 | 74 | | percent [one-half] of any unencumbered positive balance of general |
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75 | 75 | | revenues on the last day of the preceding biennium. If necessary, |
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76 | 76 | | the comptroller shall reduce the amount transferred in proportion |
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77 | 77 | | to the other amounts prescribed by this section to prevent the |
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78 | 78 | | amount in the fund from exceeding the limit in effect for that |
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79 | 79 | | biennium under Subsection (g) of this section. For purposes of this |
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80 | 80 | | subsection, general revenues are considered encumbered on the last |
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81 | 81 | | day of a biennium only to the extent that general revenues are |
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82 | 82 | | subject to payment for particular identifiable and legally |
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83 | 83 | | enforceable obligations of this state that were incurred on or |
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84 | 84 | | before that day and intended to be paid out of appropriations for |
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85 | 85 | | that biennium. |
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86 | 86 | | SECTION 4. Article III, Texas Constitution, is amended by |
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87 | 87 | | adding Section 49-g-1 to read as follows: |
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88 | 88 | | Sec. 49-g-1. (a) Not later than the 90th day of each state |
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89 | 89 | | fiscal biennium, the comptroller shall ascertain the amount of the |
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90 | 90 | | unencumbered positive balance of general revenues on the last day |
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91 | 91 | | of the preceding state fiscal biennium that remains after the |
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92 | 92 | | transfer of revenues to the economic stabilization fund under |
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93 | 93 | | Subsection (b), Section 49-g, Article III, of this constitution. |
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94 | 94 | | For purposes of this subsection, general revenues are considered |
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95 | 95 | | encumbered on the last day of a state fiscal biennium only to the |
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96 | 96 | | extent that general revenues are subject to payment for particular |
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97 | 97 | | identifiable and legally enforceable obligations of this state that |
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98 | 98 | | were incurred on or before that day and intended to be paid out of |
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99 | 99 | | appropriations for that state fiscal biennium. |
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100 | 100 | | (b) The legislature by general law shall provide a procedure |
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101 | 101 | | by which the comptroller shall issue to payers of this state's |
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102 | 102 | | franchise tax a rebate of franchise taxes paid during the preceding |
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103 | 103 | | state fiscal biennium such that: |
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104 | 104 | | (1) the total amount of rebates issued equals |
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105 | 105 | | one-third of the amount of the remaining unencumbered positive |
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106 | 106 | | balance of general revenues ascertained under Subsection (a) of |
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107 | 107 | | this section, not to exceed the total amount of state franchise |
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108 | 108 | | taxes collected during that preceding state fiscal biennium; and |
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109 | 109 | | (2) each payer of the franchise tax during that |
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110 | 110 | | preceding state fiscal biennium receives a share of the total |
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111 | 111 | | amount of rebates issued that is directly proportionate to the |
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112 | 112 | | share that the amount of that taxpayer's franchise taxes paid |
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113 | 113 | | during that preceding state fiscal biennium bears to the total |
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114 | 114 | | amount of franchise taxes collected during that preceding state |
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115 | 115 | | fiscal biennium. |
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116 | 116 | | (c) Not later than the 91st day of each state fiscal |
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117 | 117 | | biennium, the comptroller shall transfer to the property tax relief |
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118 | 118 | | fund established by general law two-thirds of the amount of the |
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119 | 119 | | unencumbered positive balance of general revenues ascertained |
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120 | 120 | | under Subsection (a) of this section to be used for reducing public |
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121 | 121 | | school district property taxes as provided by general law. |
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122 | 122 | | SECTION 5. (a) This proposed constitutional amendment |
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123 | 123 | | shall be submitted to the voters at an election to be held November |
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124 | 124 | | 2, 2010. |
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125 | 125 | | (b) The ballot shall be printed to permit voting for or |
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126 | 126 | | against the proposition: "The constitutional amendment regarding |
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127 | 127 | | the limitation on the rate of growth in appropriations and the use |
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128 | 128 | | of unencumbered surplus state revenues to provide for a rebate of |
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129 | 129 | | state franchise taxes, to reduce public school district property |
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130 | 130 | | taxes, and to fund the state's rainy day fund." |
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