Texas 2015 - 84th Regular

Texas House Bill HB1506 Compare Versions

Only one version of the bill is available at this time.
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11 84R9763 CLG-D
22 By: Villalba H.B. No. 1506
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the transfer of a portion of certain money in the Texas
88 emerging technology fund to the Texas Enterprise Fund.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Not later than the 90th day of the state fiscal
1111 year beginning September 1, 2015, the comptroller shall transfer 50
1212 percent of the unappropriated and unencumbered balance of the Texas
1313 emerging technology fund to the credit of the Texas Enterprise
1414 Fund.
1515 SECTION 2. This Act takes effect immediately if it receives
1616 a vote of two-thirds of all the members elected to each house, as
1717 provided by Section 39, Article III, Texas Constitution. If this
1818 Act does not receive the vote necessary for immediate effect, this
1919 Act takes effect September 1, 2015.