By: Pickett H.J.R. No. 13
A JOINT RESOLUTION
proposing a constitutional amendment dedicating certain revenue
derived from the tax imposed on the sale and use of taxable items to
the state highway fund.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article VIII, Texas Constitution, is amended by
adding Section 7-c to read as follows:
Sec. 7-c. (a) In each state fiscal year, the comptroller of
public accounts shall deposit an amount equal to $3 billion of the
total net revenue derived from the imposition of the state sales and
use tax on the sale, storage, use, or other consumption in this
state of taxable items under Chapter 151, Tax Code, or its
successor, to the credit of the state highway fund.
(b) In addition to the deposit made under subsection (a),
the comptroller shall deposit an amount equal to two percent of the
net revenue derived from the imposition of the state sales and use
tax under Chapter 151, Tax Code, minus the deposit required under
subsection (a) to the credit of the state highway fund.
(c) Revenue deposited to the credit of the state highway
fund under subsections (a) and (b) may be appropriated only to:
(1) construct, maintain, or acquire rights-of-way for
public roadways other than toll roads;
(2) to repay the principal of and interest on bonds and
other public securities issued, and bond enhancement agreements
entered into, as authorized by Section 49-n, Article III, Texas
Constitution, as proposed by H.J.R. 28, 78th Legislature, Regular
Session, 2003; or,
(3) repay the principal and interest on general
obligation bonds issued as authorized by Section 49-p, Article III,
of this constitution.
(d) This provision expires September 1, 2026.
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 84th Legislature,
Regular session, 2015, dedicating a portion of the state sales and
use tax to the state highway fund.
(b) Section 7-c(a), Article VIII, of this constitution
takes effect September 1, 2017.
(c) Section 7-c(b), Article VIII, of this constitution
takes effect September 1, 2016.
(d) This temporary provision expires September 1, 2016.
This proposed constitutional amendment shall be submitted to
the voters at an election to be held November 3, 2015. The ballot
shall be printed to permit voting for or against the proposition:
"The constitutional amendment dedicating a portion of sales tax
revenue towards increased transportation funding."