Texas 2015 - 84th Regular

Texas House Bill HB1081

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

Caption

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

Impact

The primary impact of HB 1081 revolves around enhancing the resources allocated for the maintenance and development of the state's highways. By rerouting motor vehicle sales tax revenues directly to the highway fund, the bill aims to ensure that these funds are utilized effectively for addressing infrastructure needs. The strategy may help in ameliorating the condition of public road systems while facilitating smoother transportation within Texas, which is crucial for economic activity and growth.

Summary

House Bill 1081 proposes an amendment to the Tax Code of Texas, specifically focusing on the allocation of certain motor vehicle sales tax revenue to the state highway fund. The bill mandates that beginning from the fiscal year after September 1, 2017, all funds received from the specified tax sources will be directed into the state highway fund after necessary prior allocations have been made. This signifies a clear intention to bolster the funding available for transportation infrastructure within the state.

Contention

Discussions surrounding the bill may center on differing opinions regarding fiscal allocation and highway funding priorities. Advocates argue that a guaranteed funding stream through motor vehicle sales tax will help regularly maintain and improve infrastructure amid growing transportation demands. Conversely, critics could highlight concerns that prioritizing these funds for highways at the potential expense of other public services and infrastructure projects might lead to inequitable funding distribution. Additionally, there might be debates over whether the definitive allocation of these funds aligns with broader fiscal policies and budgetary commitments.

Companion Bills

No companion bills found.

Previously Filed As

TX SB1244

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

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 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 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 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 HB1392

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, and the Grow Texas fund and to the permissible uses of money deposited to the Grow Texas fund.

TX SB377

Relating to the Texas Connectivity Fund and to the allocation and the use of certain proceeds from the imposition of state sales and use taxes on telecommunications services.

TX HB379

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 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 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.