| 1 | 1 | | 84R23069 CJC-D |
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| 2 | 2 | | By: Pickett, Otto, Harless, Parker, H.J.R. No. 13 |
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| 3 | 3 | | Davis of Dallas |
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| 4 | 4 | | Substitute the following for H.J.R. No. 13: |
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| 5 | 5 | | By: Phillips C.S.H.J.R. No. 13 |
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| 6 | 6 | | |
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| 7 | 7 | | |
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| 8 | 8 | | A JOINT RESOLUTION |
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| 9 | 9 | | proposing a constitutional amendment temporarily dedicating a |
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| 10 | 10 | | portion of the revenue derived from the state sales and use tax to |
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| 11 | 11 | | the state highway fund. |
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| 12 | 12 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 13 | 13 | | SECTION 1. Article VIII, Texas Constitution, is amended by |
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| 14 | 14 | | adding Section 7-c to read as follows: |
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| 15 | 15 | | Sec. 7-c. (a) In each state fiscal year, the comptroller of |
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| 16 | 16 | | public accounts shall deposit to the credit of the state highway |
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| 17 | 17 | | fund $3 billion of the net revenue derived from the imposition of |
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| 18 | 18 | | the state sales and use tax on the sale, storage, use, or other |
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| 19 | 19 | | consumption in this state of taxable items under Chapter 151, Tax |
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| 20 | 20 | | Code, or its successor. |
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| 21 | 21 | | (b) In addition to any deposit made under Subsection (a) of |
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| 22 | 22 | | this section, in each state fiscal year the comptroller of public |
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| 23 | 23 | | accounts shall deposit to the credit of the state highway fund an |
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| 24 | 24 | | amount equal to two percent of the net revenue described by that |
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| 25 | 25 | | subsection that is not deposited as provided by that subsection. |
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| 26 | 26 | | (c) Money deposited to the credit of the state highway fund |
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| 27 | 27 | | under this section may be appropriated only to: |
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| 28 | 28 | | (1) construct, maintain, or acquire rights-of-way for |
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| 29 | 29 | | public roadways other than toll roads; or |
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| 30 | 30 | | (2) repay the principal of and interest on: |
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| 31 | 31 | | (A) bonds and other public securities issued, and |
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| 32 | 32 | | bond enhancement agreements entered into, as authorized by Section |
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| 33 | 33 | | 49-n, Article III, of this constitution, as proposed by H.J.R. 28, |
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| 34 | 34 | | 78th Legislature, Regular Session, 2003; and |
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| 35 | 35 | | (B) general obligation bonds issued as |
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| 36 | 36 | | authorized by Section 49-p, Article III, of this constitution. |
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| 37 | 37 | | (d) This section expires September 1, 2026. |
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| 38 | 38 | | SECTION 2. The following temporary provision is added to |
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| 39 | 39 | | the Texas Constitution: |
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| 40 | 40 | | TEMPORARY PROVISION. (a) This temporary provision applies |
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| 41 | 41 | | to the constitutional amendment proposed by the 84th Legislature, |
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| 42 | 42 | | Regular Session, 2015, temporarily dedicating a portion of the |
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| 43 | 43 | | revenue derived from the state sales and use tax to the state |
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| 44 | 44 | | highway fund. |
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| 45 | 45 | | (b) Section 7-c(a), Article VIII, of this constitution |
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| 46 | 46 | | takes effect September 1, 2017. |
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| 47 | 47 | | (c) Section 7-c(b), Article VIII, of this constitution |
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| 48 | 48 | | takes effect September 1, 2016. |
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| 49 | 49 | | (d) This temporary provision expires September 1, 2018. |
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| 50 | 50 | | SECTION 3. This proposed constitutional amendment shall be |
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| 51 | 51 | | submitted to the voters at an election to be held November 3, 2015. |
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| 52 | 52 | | The ballot shall be printed to permit voting for or against the |
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| 53 | 53 | | proposition: "The constitutional amendment temporarily dedicating |
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| 54 | 54 | | a portion of state sales and use tax revenue to increase |
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| 55 | 55 | | transportation funding." |
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