Texas 2015 - 84th Regular

Texas Senate Bill SB15 Latest Draft

Bill / Introduced Version Filed 03/04/2015

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                            By: Nelson, Eltife S.B. No. 15
 Hinojosa


 A BILL TO BE ENTITLED
 AN ACT
 relating to state tax reductions and the limit on appropriations
 from certain state tax revenue for a state fiscal biennium.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 316.001, Government Code, is amended to
 read as follows:
 Sec. 316.001.  LIMIT.  The rate of growth of appropriations
 in a biennium from state tax revenues, other than state tax revenues
 [not] dedicated by the constitution and state tax revenues
 appropriated for the purpose of paying for tax relief, may not
 exceed the estimated rate of growth of the state's economy.
 SECTION 2.  Sections 316.002(a) and (e), Government Code,
 are amended to read as follows:
 (a)  Before the Legislative Budget Board submits the budget
 as prescribed by Section 322.008(c), the board shall establish:
 (1)  the estimated rate of growth of the state's economy
 from the current biennium to the next biennium;
 (2)  the level of appropriations for the current
 biennium from state tax revenues, other than state tax revenues
 [not] dedicated by the constitution and state tax revenues
 appropriated for the purpose of paying for tax relief; and
 (3)  the amount of state tax revenues, other than state
 tax revenues [not] dedicated by the constitution and state tax
 revenues appropriated for the purpose of paying for tax relief,
 that could be appropriated for the next biennium within the limit
 established by the estimated rate of growth of the state's economy.
 (e)  In the absence of an action by the Legislative Budget
 Board to adopt a spending limit as provided in Subsections (a) and
 (b), the estimated rate of growth in the state's economy from the
 current biennium to the next biennium shall be treated as if it were
 zero, and the amount of state tax revenues, other than state tax
 revenues [not] dedicated by the constitution and state tax revenues
 appropriated for the purpose of paying for tax relief, that could be
 appropriated within the limit established by the estimated rate of
 growth in the state's economy shall be the same as the level of
 appropriations for the current biennium.
 SECTION 3.  Section 316.006, Government Code, is amended to
 read as follows:
 Sec. 316.006.  LIMIT ON BUDGET RECOMMENDATIONS.  Unless
 authorized by majority vote of the members of the board from each
 house, the Legislative Budget Board budget recommendations
 relating to the proposed appropriations of state tax revenues,
 other than state tax revenues [not] dedicated by the constitution
 and state tax revenues appropriated for the purpose of paying for
 tax relief, may not exceed the limit adopted by the committee under
 Section 316.005.
 SECTION 4.  Section 316.007(a), Government Code, is amended
 to read as follows:
 (a)  The Legislative Budget Board shall include in its budget
 recommendations the proposed limit of appropriations from state tax
 revenues, other than state tax revenues [not] dedicated by the
 constitution and state tax revenues appropriated for the purpose of
 paying for tax relief.
 SECTION 5.  Section 316.008(a), Government Code, is amended
 to read as follows:
 (a)  Unless the legislature adopts a resolution under
 Section 22(b), Article VIII, [Section 22(b), of the] Texas
 Constitution, raising the proposed limit on appropriations, the
 proposed limit is binding on the legislature with respect to all
 appropriations for the next biennium made from state tax revenues,
 other than state tax revenues [not] dedicated by the constitution
 and state tax revenues appropriated for the purpose of paying for
 tax relief.
 SECTION 6.  (a)  The changes in law made by this Act apply
 only in relation to appropriations made for the state fiscal
 biennium beginning September 1, 2017, and subsequent state fiscal
 bienniums.
 (b)  Appropriations for the state fiscal biennium that
 begins September 1, 2015, are governed by Subchapter A, Chapter
 316, Government Code, as that subchapter provided immediately
 before the effective date of this Act, and the former law is
 continued in effect for that purpose.
 SECTION 7.  This Act takes effect on the effective date of
 the constitutional amendment proposed by the 84th Legislature,
 Regular Session, 2015, excepting certain appropriations for
 reducing state debt from the constitutional limitation on the rate
 of growth of appropriations.  If that amendment is not approved by
 the voters, this Act has no effect.