| 1 | 1 | | 87R198 KJE-D |
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| 2 | 2 | | By: White H.J.R. No. 27 |
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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 reduce the allocation of |
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| 7 | 7 | | certain general revenue to the economic stabilization fund and to |
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| 8 | 8 | | use that revenue for certain science, technology, engineering, and |
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| 9 | 9 | | mathematics (STEM) scholarships. |
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| 10 | 10 | | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 49-g, Article III, Texas Constitution, |
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| 12 | 12 | | is amended by adding Subsection (c-3) to read as follows: |
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| 13 | 13 | | (c-3) Notwithstanding any other provision of this section, |
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| 14 | 14 | | each time the comptroller determines the amount of general revenue |
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| 15 | 15 | | to be allocated for transfer to the economic stabilization fund |
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| 16 | 16 | | under Subsection (c-1) of this section and that amount is not |
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| 17 | 17 | | increased under Subsection (c-2) of this section, the comptroller |
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| 18 | 18 | | shall reduce the amount of that transfer by 0.01 percent and retain |
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| 19 | 19 | | the amount by which the transfer is reduced as general revenue. |
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| 20 | 20 | | Money retained as general revenue under this subsection may be used |
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| 21 | 21 | | only to provide for a scholarship program for citizens or lawful |
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| 22 | 22 | | permanent residents of the United States who are residents of this |
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| 23 | 23 | | state and are enrolled in an undergraduate science, technology, |
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| 24 | 24 | | engineering, or mathematics (STEM) program at a public institution |
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| 25 | 25 | | of higher education in this state. The legislature by general law |
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| 26 | 26 | | shall provide for the administration of the scholarship program. |
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| 27 | 27 | | SECTION 2. The following temporary provision is added to |
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| 28 | 28 | | the Texas Constitution: |
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| 29 | 29 | | TEMPORARY PROVISION. (a) This temporary provision applies |
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| 30 | 30 | | to the constitutional amendment proposed by the 87th Legislature, |
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| 31 | 31 | | Regular Session, 2021, to reduce the allocation of certain general |
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| 32 | 32 | | revenue to the economic stabilization fund and to use that revenue |
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| 33 | 33 | | for certain science, technology, engineering, and mathematics |
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| 34 | 34 | | (STEM) scholarships. |
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| 35 | 35 | | (b) The amendment to Section 49-g, Article III, of this |
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| 36 | 36 | | constitution applies beginning with the transfer to be made to the |
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| 37 | 37 | | economic stabilization fund under Section 49-g(c) of that article |
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| 38 | 38 | | during the state fiscal year that begins September 1, 2023. |
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| 39 | 39 | | (c) This temporary provision expires January 1, 2024. |
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| 40 | 40 | | SECTION 3. This proposed constitutional amendment shall be |
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| 41 | 41 | | submitted to the voters at an election to be held November 2, 2021. |
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| 42 | 42 | | The ballot shall be printed to permit voting for or against the |
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| 43 | 43 | | proposition: "The constitutional amendment to reduce the |
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| 44 | 44 | | allocation of certain general revenue to the economic stabilization |
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| 45 | 45 | | fund and to use that revenue for certain science, technology, |
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| 46 | 46 | | engineering, and mathematics (STEM) scholarships." |
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