Texas 2009 - 81st Regular

Texas Senate Bill SB2567

Filed

Out of Senate Committee

5/5/09

Voted on by Senate

5/13/09

Out of House Committee

5/21/09

Voted on by House

Governor Action

Bill Becomes Law

Caption

Relating to state fiscal matters; providing the authority to issue bonds; providing civil penalties.

Impact

In terms of impact, SB2567 makes significant changes to how state agencies handle federal funds, thereby enhancing accountability and financial management regarding federal allocations. By mandating that ARRA funds be deposited into a dedicated fund, the bill aims to provide a clearer record and method of tracking the utilization of these funds, which is essential for both state oversight and compliance with federal requirements. This can lead to improved efficiency in how state finances are managed and aid the state’s response to economic challenges.

Summary

SB2567 is a legislative act in Texas aimed at amending various sections of the Government Code to address state fiscal matters. The bill establishes the American Recovery and Reinvestment fund (ARRA fund) as a special fund within the state treasury to manage funds received under the American Recovery and Reinvestment Act of 2009. It requires state agencies to deposit the ARRA funds in this newly created fund, ensuring they are utilized for specific purposes outlined in the original federal act, such as stimulating the economy through assistance in unemployment, health, education, and infrastructure.

Contention

One of the notable points of contention regarding SB2567 centers around its amendments to state employee compensation laws, particularly concerning payment for accrued vacation time upon separation from state employment. The bill stipulates that state employees, who have met the criteria of continuous employment, are entitled to receive payment for unused vacation days upon their departure. This provision may raise discussions around employee rights and the financial implications for state agencies in managing their budgets.

Overall_impact

Overall, SB2567 seeks to streamline fiscal management within Texas state agencies regarding federal funds while ensuring that public sector employees are compensated fairly for their accrued benefits. The introduction of the ARRA fund is poised to facilitate economic recovery efforts while also illustrating the state's commitment to managing public funds responsibly and transparently.

Companion Bills

No companion bills found.

Previously Filed As

TX HB2449

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB5282

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB893

Relating to requiring certain employers to provide paid sick leave to employees; providing administrative and civil penalties.

TX HB404

Relating to requiring certain employers to provide paid leave to employees; providing civil and administrative penalties.

TX HB5375

Relating to the creation of the Montgomery County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB2226

Relating to state and municipal motor fuel taxes; providing civil penalties; creating criminal offenses; requiring occupational licenses; authorizing the imposition of taxes; providing for increases and decreases in the rates of taxes.

TX HB2701

Relating to public utility agencies; providing authority to issue bonds; providing authority to impose assessments.

TX HB5372

Relating to the creation of The Grand Prairie Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB307

Relating to requiring certain employers to provide paid sick leave to employees; providing administrative penalties.

TX SB2594

Relating to the creation of the Liberty County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

Similar Bills

TX HB3853

Relating to creation of the university research initiative fund, the abolishment of the Texas emerging technology fund, and the disposition of balances from the Texas emerging technology fund.

TX HB5246

Relating to the administration, powers, and duties of the Texas Space Commission and Texas Aerospace Research and Space Economy Consortium, to other governmental entities regarding aerospace, aviation, and space exploration initiatives and activities, and to the abolishment of the spaceport trust fund.