LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR9 by Carona (Proposing a constitutional amendment limiting the purposes for which revenue from taxes on motor fuels and lubricants may be used and authorizing the legislature to provide for automatic adjustments of the rates of motor fuels taxes.), As Introduced No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882. This resolution would propose a constitutional amendment to Article VIII of the Texas Constitution to require the Legislature to write authorizing legislation dedicating three-fourths of net motor fuel taxes and lubricant sales taxes for the sole purpose of constructing and maintaining public highways. The remaining one-fourth of such net revenues would be allocated to the Available School Fund 0002. The proposed amendment would authorize the Legislature to write statutes authorizing the Comptroller to automatically adjust the motor fuel tax rates based upon certain price or cost indices produced by agencies of the U.S. government. The proposed amendment would be submitted to voters at an election to be held November 3, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 601 Department of Transportation LBB Staff: JOB, KJG, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 31, 2009
TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR9 by Carona (Proposing a constitutional amendment limiting the purposes for which revenue from taxes on motor fuels and lubricants may be used and authorizing the legislature to provide for automatic adjustments of the rates of motor fuels taxes.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SJR9 by Carona (Proposing a constitutional amendment limiting the purposes for which revenue from taxes on motor fuels and lubricants may be used and authorizing the legislature to provide for automatic adjustments of the rates of motor fuels taxes.), As Introduced
Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
Honorable John Carona, Chair, Senate Committee on Transportation & Homeland Security
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SJR9 by Carona (Proposing a constitutional amendment limiting the purposes for which revenue from taxes on motor fuels and lubricants may be used and authorizing the legislature to provide for automatic adjustments of the rates of motor fuels taxes.), As Introduced
SJR9 by Carona (Proposing a constitutional amendment limiting the purposes for which revenue from taxes on motor fuels and lubricants may be used and authorizing the legislature to provide for automatic adjustments of the rates of motor fuels taxes.), As Introduced
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
The cost to the state for publication of the resolution is $90,882.
This resolution would propose a constitutional amendment to Article VIII of the Texas Constitution to require the Legislature to write authorizing legislation dedicating three-fourths of net motor fuel taxes and lubricant sales taxes for the sole purpose of constructing and maintaining public highways. The remaining one-fourth of such net revenues would be allocated to the Available School Fund 0002. The proposed amendment would authorize the Legislature to write statutes authorizing the Comptroller to automatically adjust the motor fuel tax rates based upon certain price or cost indices produced by agencies of the U.S. government. The proposed amendment would be submitted to voters at an election to be held November 3, 2009.
This resolution would propose a constitutional amendment to Article VIII of the Texas Constitution to require the Legislature to write authorizing legislation dedicating three-fourths of net motor fuel taxes and lubricant sales taxes for the sole purpose of constructing and maintaining public highways. The remaining one-fourth of such net revenues would be allocated to the Available School Fund 0002.
The proposed amendment would authorize the Legislature to write statutes authorizing the Comptroller to automatically adjust the motor fuel tax rates based upon certain price or cost indices produced by agencies of the U.S. government.
The proposed amendment would be submitted to voters at an election to be held November 3, 2009.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 601 Department of Transportation
304 Comptroller of Public Accounts, 601 Department of Transportation
LBB Staff: JOB, KJG, KK
JOB, KJG, KK