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