| 1 | 1 | | 87R3275 JRR-D |
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| 2 | 2 | | By: Blanco S.B. No. 2129 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to disposition of motor vehicle registration fees |
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| 8 | 8 | | collected by a county assessor-collector. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Sections 502.198(b) and (c), Transportation |
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| 11 | 11 | | Code, are amended to read as follows: |
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| 12 | 12 | | (b) Each Tuesday, a county assessor-collector shall credit |
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| 13 | 13 | | to the county road and bridge fund an amount equal to the net |
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| 14 | 14 | | collections made during the preceding week until the amount so |
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| 15 | 15 | | credited for the calendar year equals the total of: |
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| 16 | 16 | | (1) $200,000 [$60,000]; and |
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| 17 | 17 | | (2) $600 [$350] for each mile of county road |
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| 18 | 18 | | maintained by the county, according to the most recent information |
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| 19 | 19 | | available from the department, not to exceed 500 miles. |
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| 20 | 20 | | (c) After the credits to the county road and bridge fund |
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| 21 | 21 | | equal the total computed under Subsection (b), each Tuesday the |
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| 22 | 22 | | county assessor-collector shall: |
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| 23 | 23 | | (1) credit to the county road and bridge fund an amount |
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| 24 | 24 | | equal to 50 percent of the net collections made during the preceding |
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| 25 | 25 | | week, until the amount so credited for the calendar year equals |
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| 26 | 26 | | $500,000 [$125,000]; and |
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| 27 | 27 | | (2) send to the department an amount equal to 50 |
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| 28 | 28 | | percent of those collections for deposit to the credit of the state |
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| 29 | 29 | | highway fund. |
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| 30 | 30 | | SECTION 2. This Act takes effect September 1, 2021. |
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