Texas 2017 - 85th Regular

Texas House Bill HB3849

Caption

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue, and the exemption of unappropriated money from use for general governmental purposes.

Impact

The bill's enactment implies significant changes to how state revenue is allocated and managed. With the dissolution of various special funds, the unallocated revenues will be redirected to the general revenue fund, potentially enhancing flexibility in budgetary decisions for the legislature. By prioritizing the operational efficiency of funds management, this bill allows for better fiscal discipline and focused funding streams for state agencies. However, it may reduce the specificity and appropriateness of funding for some local initiatives which had previously been relied upon for targeted programs.

Summary

House Bill 3849 addresses the creation and management of funds and accounts within the state government, specifically focusing on the dedication and rededication of revenue. The bill seeks to streamline fund management by abolishing various accounts created or modified by the 85th Legislature unless specifically exempted. This means funds or accounts established under certain acts in the 2017 session will be dissolved unless they meet the criteria laid out in this legislation. This is aimed at more effective use of state resources, allowing for a more centralized budget approach and reducing fiscal complexity.

Sentiment

Legislative sentiment around HB 3849 generally appears supportive, as it was passed with significant bipartisan backing evidenced by a vote of 29 to 2 in the Senate and unanimous approval in the House. Proponents highlighted the necessity of modernizing the management of state funds to improve accountability and financial governance. Conversely, concerns were raised regarding the potential impact on localized funding initiatives, suggesting that the move towards a more centralized fund strategy could overlook tailored approaches required by certain communities.

Contention

Notable points of contention surrounding the bill included debates over the impact of abolishing specific funds. Critics expressed caution regarding the potential loss of funding for dedicated projects that serve crucial local needs, such as those related to public health and infrastructure. Additionally, the bill's provisions for exceptions were scrutinized for their vagueness and the potential for loopholes that could lead to inconsistent fund management practices. As state legislators balanced operational needs against community-specific demands, this tension highlighted broader discussions about governance and the allocation of resources.

Companion Bills

No companion bills found.

Previously Filed As

TX HB3461

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

TX SB1508

Relating to the creation and re-creation of funds and accounts, the dedication and rededication of revenue and allocation of accrued interest on dedicated revenue, and the exemption of unappropriated money from use for general governmental purposes.

TX HJR27

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR111

Proposing a constitutional amendment providing for the creation of the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund, dedicating the money in that fund to benefit areas of the state significantly affected by oil and gas production, and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, and the property tax relief fund.

TX HB15

Relating to the creation of the Mental Health and Brain Research Institute of Texas.

TX HJR1

Proposing a constitutional amendment creating the state school safety fund to provide ongoing financial support for projects that ensure the safety of public schools in this state and providing for the transfer of certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HJR41

Proposing a constitutional amendment regarding the dedication by general law of money received by this state and money held in or deposited to an account or fund inside or outside the state treasury and the authorized expenditure or appropriation of money dedicated by general law.

TX SB2070

Relating to the funding of projects by the Public Utility Commission of Texas to promote the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX SB895

Relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.

TX HB5

Relating to agreements authorizing a limitation on taxable value of certain property to provide for the creation of jobs and the generation of state and local tax revenue; authorizing fees; authorizing penalties.

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