Texas 2013 - 83rd 1st C.S.

Texas House Bill HJR13 Latest Draft

Bill / Introduced Version

Download
.pdf .doc .html
                            83S10064 CJC-D
 By: Harper-Brown H.J.R. No. 13


 A JOINT RESOLUTION
 proposing a constitutional amendment providing for the transfer of
 certain state revenue to the Texas Mobility Fund.
 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sections 49-g(c), (d), and (e), Article III,
 Texas Constitution, are amended to read as follows:
 (c)  Not later than the 90th day of each fiscal year, the
 comptroller of public accounts shall transfer from general revenue
 to the economic stabilization fund and the Texas Mobility Fund the
 amounts prescribed by Subsections (d) and (e) of this section.
 However, if necessary, the comptroller shall reduce
 proportionately:
 (1)  the amounts transferred to the economic
 stabilization fund to prevent the amount in the fund from exceeding
 the limit in effect for that biennium under Subsection (g) of this
 section; and
 (2)  the amounts transferred to the Texas Mobility Fund
 to prevent an amount that exceeds $600 million from being
 transferred to that fund in a state fiscal year.
 (d)  Subject to the limitations prescribed by Subsection (c)
 of this section, if [If] in the preceding year the state received
 from oil production taxes a net amount greater than the net amount
 of oil production taxes received by the state in the fiscal year
 ending August 31, 1987, the comptroller shall transfer to the
 economic stabilization fund an amount equal to 50 [75] percent of
 the difference between those amounts and shall transfer to the
 Texas Mobility Fund an amount equal to 25 percent of the difference
 between those amounts. The comptroller shall retain the remaining
 25 percent of the difference as general revenue. In computing the
 net amount of oil production taxes received, the comptroller may
 not consider refunds paid as a result of oil overcharge litigation.
 (e)  Subject to the limitations prescribed by Subsection (c)
 of this section, if [If] in the preceding year the state received
 from gas production taxes a net amount greater than the net amount
 of gas production taxes received by the state in the fiscal year
 ending August 31, 1987, the comptroller shall transfer to the
 economic stabilization fund an amount equal to 50 [75] percent of
 the difference between those amounts and shall transfer to the
 Texas Mobility Fund an amount equal to 25 percent of the difference
 between those amounts. The comptroller shall retain the remaining
 25 percent of the difference as general revenue. For the purposes
 of this subsection, the comptroller shall adjust the comptroller's
 [his] computation of revenues to reflect only 12 months of
 collection.
 SECTION 2.  The following temporary provision is added to
 the Texas Constitution:
 TEMPORARY PROVISION. (a) This temporary provision applies
 to the constitutional amendment proposed by the 83rd Legislature,
 1st Called Session, 2013, providing for the transfer of certain
 state revenue to the Texas Mobility Fund.
 (b)  The amendment to Sections 49-g(c), (d), and (e), Article
 III, of this constitution takes effect January 1, 2014, and applies
 to a state fiscal year beginning on or after September 1, 2014.
 (c)  This temporary provision expires January 1, 2015.
 SECTION 3.  This proposed constitutional amendment shall be
 submitted to the voters at an election to be held November 5, 2013.
 The ballot shall be printed to permit voting for or against the
 proposition: "The constitutional amendment providing for the
 transfer of certain state revenue to the Texas Mobility Fund."