| 1 | 1 | | H.B. No. 2230 |
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| 2 | 2 | | |
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| 3 | 3 | | |
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| 4 | 4 | | AN ACT |
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| 5 | 5 | | relating to the determination of the sufficient balance of the |
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| 6 | 6 | | economic stabilization fund for the purpose of allocating general |
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| 7 | 7 | | revenue to that fund and the state highway fund. |
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| 8 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 9 | 9 | | SECTION 1. Section 316.092(b), Government Code, is amended |
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| 10 | 10 | | to read as follows: |
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| 11 | 11 | | (b) This section expires December 31, 2042 [2034]. |
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| 12 | 12 | | SECTION 2. Sections 316.093(c) and (d), Government Code, |
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| 13 | 13 | | are amended to read as follows: |
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| 14 | 14 | | (c) For the purposes of Section 49-g(c-2), Article III, |
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| 15 | 15 | | Texas Constitution, the comptroller shall adjust the allocation |
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| 16 | 16 | | provided by Section 49-g(c-1) of that article of amounts to be |
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| 17 | 17 | | transferred to the fund and to the state highway fund under Section |
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| 18 | 18 | | 49-g(c) of that article in a state fiscal year beginning on or after |
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| 19 | 19 | | September 1, 2043 [2035], so that the total of those amounts is |
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| 20 | 20 | | transferred to the economic stabilization fund, except that the |
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| 21 | 21 | | comptroller shall reduce a transfer made under this subsection as |
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| 22 | 22 | | necessary to prevent the amount in the fund from exceeding the limit |
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| 23 | 23 | | in effect for that biennium under Section 49-g(g) of that article. |
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| 24 | 24 | | (d) Subsections (a) and (b) and this subsection expire |
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| 25 | 25 | | December 31, 2042 [2034]. |
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| 26 | 26 | | SECTION 3. This Act takes effect September 1, 2023. |
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| 27 | 27 | | ______________________________ ______________________________ |
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| 28 | 28 | | President of the Senate Speaker of the House |
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| 29 | 29 | | I certify that H.B. No. 2230 was passed by the House on May 3, |
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| 30 | 30 | | 2023, by the following vote: Yeas 146, Nays 1, 1 present, not |
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| 31 | 31 | | voting; and that the House concurred in Senate amendments to H.B. |
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| 32 | 32 | | No. 2230 on May 17, 2023, by the following vote: Yeas 142, Nays 0, |
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| 33 | 33 | | 1 present, not voting. |
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| 34 | 34 | | ______________________________ |
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| 35 | 35 | | Chief Clerk of the House |
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| 36 | 36 | | I certify that H.B. No. 2230 was passed by the Senate, with |
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| 37 | 37 | | amendments, on May 15, 2023, by the following vote: Yeas 31, Nays |
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| 38 | 38 | | 0. |
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| 39 | 39 | | ______________________________ |
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| 40 | 40 | | Secretary of the Senate |
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| 41 | 41 | | APPROVED: __________________ |
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| 42 | 42 | | Date |
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| 43 | 43 | | __________________ |
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| 44 | 44 | | Governor |
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