Texas 2015 - 84th Regular

Texas Senate Bill SB198 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	84R3608 MK-F
2	2	By: Watson S.B. No. 198
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to the use of statutorily dedicated revenues for budget
8	8	certification.
9	9	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
10	10	SECTION 1. Section 403.095, Government Code, is amended by
11	11	amending Subsections (b), (d), and (e) and adding Subsection (b-1)
12	12	to read as follows:
13	13	(b) Notwithstanding any law dedicating or setting aside
14	14	revenue for a particular purpose or entity, an amount of dedicated
15	15	revenues, not to exceed a total of $1 billion, that on August 31 of
16	16	an odd-numbered year is [, 2015, are] estimated to exceed the amount
17	17	appropriated by the General Appropriations Act or other laws
18	18	enacted by the legislature is [83rd Legislature are] available for
19	19	general governmental purposes and is [are] considered available for
20	20	the purpose of certification under Section 403.121. It is the
21	21	intent of the legislature that dedicated revenues that exceed the
22	22	total amount that this subsection makes available for general
23	23	governmental purposes and for certification must be used for the
24	24	purposes for which the revenues are dedicated.
25	25	(b-1) Notwithstanding the limitation provided by Subsection
26	26	(b), the amount of dedicated revenues described by that subsection
27	27	that on August 31 of an odd-numbered year is estimated to exceed the
28	28	amount appropriated by the General Appropriations Act or other laws
29	29	enacted by the legislature is considered available for general
30	30	governmental purposes and for the purpose of certification under
31	31	Section 403.121 in an amount not to exceed:
32	32	(1) $3.4 billion for the fiscal biennium ending August
33	33	31, 2017;
34	34	(2) $2.6 billion for the fiscal biennium ending August
35	35	31, 2019; and
36	36	(3) $1.8 billion for the fiscal biennium ending August
37	37	31, 2021.
38	38	(d) Following certification of the General Appropriations
39	39	Act and other appropriations measures enacted by the legislature
40	40	[83rd Legislature], the comptroller shall reduce each dedicated
41	41	account as directed by the legislature by an amount that may not
42	42	exceed the amount by which estimated revenues and unobligated
43	43	balances exceed appropriations. The reductions may be made in the
44	44	amounts and at the times necessary for cash flow considerations to
45	45	allow all the dedicated accounts to maintain adequate cash balances
46	46	to transact routine business. The legislature may authorize, in
47	47	the General Appropriations Act, the temporary delay of the excess
48	48	balance reduction required under this subsection. This subsection
49	49	does not apply to revenues or balances in:
50	50	(1) funds outside the treasury;
51	51	(2) trust funds, which for purposes of this section
52	52	include funds that may or are required to be used in whole or in part
53	53	for the acquisition, development, construction, or maintenance of
54	54	state and local government infrastructures, recreational
55	55	facilities, or natural resource conservation facilities;
56	56	(3) funds created by the constitution or a court; or
57	57	(4) funds for which separate accounting is required by
58	58	federal law.
59	59	(e) This subsection and Subsection (b-1) expire [section
60	60	expires] September 1, 2023 [2015].
61	61	SECTION 2. This Act takes effect immediately if it receives
62	62	a vote of two-thirds of all the members elected to each house, as
63	63	provided by Section 39, Article III, Texas Constitution. If this
64	64	Act does not receive the vote necessary for immediate effect, this
65	65	Act takes effect September 1, 2015.