1 | 1 | | 85R6415 MK-D |
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2 | 2 | | By: Miles S.J.R. No. 48 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A JOINT RESOLUTION |
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6 | 6 | | proposing a constitutional amendment to permit additional uses of |
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7 | 7 | | certain dedicated general revenue transferred each fiscal year to |
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8 | 8 | | the state highway fund. |
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9 | 9 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Section 49-g(c), Article III, Texas |
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11 | 11 | | Constitution, is amended to read as follows: |
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12 | 12 | | (c) Not later than the 90th day of each fiscal year, the |
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13 | 13 | | comptroller of public accounts shall transfer from the general |
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14 | 14 | | revenue fund to the economic stabilization fund and the state |
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15 | 15 | | highway fund the sum of the amounts described by Subsections (d) and |
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16 | 16 | | (e) of this section, to be allocated as provided by Subsections |
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17 | 17 | | (c-1) and (c-2) of this section. However, if necessary and |
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18 | 18 | | notwithstanding the allocations prescribed by Subsections (c-1) |
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19 | 19 | | and (c-2) of this section, the comptroller shall reduce |
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20 | 20 | | proportionately the amounts described by Subsections (d) and (e) of |
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21 | 21 | | this section to be transferred and allocated to the economic |
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22 | 22 | | stabilization fund to prevent the amount in that fund from |
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23 | 23 | | exceeding the limit in effect for that biennium under Subsection |
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24 | 24 | | (g) of this section. Revenue transferred to the state highway fund |
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25 | 25 | | under this subsection may be used only for constructing, |
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26 | 26 | | maintaining, and acquiring rights-of-way for: |
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27 | 27 | | (1) public roadways other than toll roads; |
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28 | 28 | | (2) public transportation; |
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29 | 29 | | (3) public bicycle paths; and |
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30 | 30 | | (4) public sidewalks. |
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31 | 31 | | SECTION 2. This proposed constitutional amendment shall be |
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32 | 32 | | submitted to the voters at an election to be held November 7, 2017. |
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33 | 33 | | The ballot shall be printed to permit voting for or against the |
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34 | 34 | | proposition: "The constitutional amendment to permit additional |
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35 | 35 | | uses of certain dedicated general revenue transferred each fiscal |
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36 | 36 | | year to the state highway fund." |
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