Texas 2017 - 85th Regular

Texas Senate Bill SJR48 Latest Draft

Bill / Introduced Version Filed 03/03/2017

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                            85R6415 MK-D
 By: Miles S.J.R. No. 48


 A JOINT RESOLUTION
 proposing a constitutional amendment to permit additional uses of
 certain dedicated general revenue transferred each fiscal year to
 the state highway fund.
 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 49-g(c), Article III, Texas
 Constitution, is amended to read as follows:
 (c)  Not later than the 90th day of each fiscal year, the
 comptroller of public accounts shall transfer from the general
 revenue fund to the economic stabilization fund and the state
 highway fund the sum of the amounts described by Subsections (d) and
 (e) of this section, to be allocated as provided by Subsections
 (c-1) and (c-2) of this section.  However, if necessary and
 notwithstanding the allocations prescribed by Subsections (c-1)
 and (c-2) of this section, the comptroller shall reduce
 proportionately the amounts described by Subsections (d) and (e) of
 this section to be transferred and allocated to the economic
 stabilization fund to prevent the amount in that fund from
 exceeding the limit in effect for that biennium under Subsection
 (g) of this section.  Revenue transferred to the state highway fund
 under this subsection may be used only for constructing,
 maintaining, and acquiring rights-of-way for:
 (1)  public roadways other than toll roads;
 (2)  public transportation;
 (3)  public bicycle paths; and
 (4)  public sidewalks.
 SECTION 2.  This proposed constitutional amendment shall be
 submitted to the voters at an election to be held November 7, 2017.
 The ballot shall be printed to permit voting for or against the
 proposition: "The constitutional amendment to permit additional
 uses of certain dedicated general revenue transferred each fiscal
 year to the state highway fund."