Texas 2011 - 82nd Regular

Texas Senate Bill SB523

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the allocation of certain motor vehicle sales tax revenue to the state highway fund and to the uses of that revenue.

Impact

The bill is expected to have significant implications for state funding related to transportation. By ensuring that a larger portion of motor vehicle sales tax contributions is allocated directly to the highway fund, the state potentially increases its capacity to invest in road maintenance, repair, and new construction projects. This funding approach may also result in more efficient use of tax revenue, addressing the pressing issues of traffic congestion and aging infrastructure that affect many regions in Texas.

Summary

SB523 is a bill designed to amend the allocation of motor vehicle sales tax revenue in Texas, specifically directing an increasing percentage of this revenue to the state highway fund over a series of fiscal years. The proposed amendments outline a gradual increase, starting with 10% of the remaining tax revenue being allocated in the 2013 fiscal year and reaching a full 100% by 2022. This reallocation aims to enhance funding for transportation infrastructure across the state, which has been an ongoing need amidst rising vehicular usage and infrastructure wear and tear.

Sentiment

Overall sentiment toward SB523 appears supportive among lawmakers prioritizing transportation improvements. Advocates argue that enhanced funding for highways is essential for economic prosperity, as well-maintained roads facilitate commerce and travel. However, there may also be concern regarding the ramifications for other budgetary areas that could see reduced funding as a result of this reallocation, echoing a common debate over state budgetary priorities.

Contention

Notable points of contention surrounding SB523 might include debates on whether this bill effectively addresses the transportation funding gap or merely reallocates existing resources in a way that may undermine funding for other public services. Discussions could arise regarding the adequacy of the proposed percentages and whether they are sufficient to meet the burgeoning needs of the state’s infrastructure given projected population growth and vehicular traffic increases.

Companion Bills

TX HB2527

Identical Relating to the allocation of certain motor vehicle sales tax revenue to the state highway fund and to the uses of that revenue.

Previously Filed As

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 SB1244

Relating to the allocation of certain revenue to the sexual assault program fund.

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 HB2207

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, the property tax relief fund, and the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.

TX HB2230

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.

TX SB1232

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.

TX HB174

Relating to the allocation and deposit of certain surplus state revenue to the property tax relief fund for use in reducing school district maintenance and operations ad valorem taxes.

TX HB1325

Relating to the allocation and deposit of certain surplus state revenue to the property tax relief fund for use in reducing school district maintenance and operations ad valorem taxes.

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 HB19

Relating to the allocation and deposit of certain surplus state revenue to the property tax relief fund for use in reducing school district maintenance and operations ad valorem taxes.

Similar Bills

No similar bills found.