| 1 | 1 | | 88R11645 KBB-D |
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| 2 | 2 | | By: Plesa H.B. No. 5301 |
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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 a one-time cash payment to certain residents of this |
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| 8 | 8 | | state. |
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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. (a) The comptroller shall make a one-time |
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| 11 | 11 | | payment of $500 to each eligible resident of this state, as provided |
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| 12 | 12 | | by this section. |
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| 13 | 13 | | (b) For purposes of this section, an individual is eligible |
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| 14 | 14 | | to receive a payment under this section only if the individual: |
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| 15 | 15 | | (1) is 18 years of age or older; |
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| 16 | 16 | | (2) resides in and is lawfully present in the state; |
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| 17 | 17 | | and |
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| 18 | 18 | | (3) is not incarcerated at the time of applying. |
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| 19 | 19 | | (c) An individual must apply to the comptroller to receive a |
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| 20 | 20 | | payment under this section. The comptroller by rule shall adopt an |
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| 21 | 21 | | application form and a process to verify information: |
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| 22 | 22 | | (1) attesting an applicant's eligibility for the |
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| 23 | 23 | | payment; and |
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| 24 | 24 | | (2) necessary for the applicant to receive the |
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| 25 | 25 | | payment. |
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| 26 | 26 | | (d) An amount, estimated not to exceed $15 billion, is |
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| 27 | 27 | | appropriated from the economic stabilization fund to the |
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| 28 | 28 | | comptroller for the state fiscal biennium beginning September 1, |
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| 29 | 29 | | 2023, to provide a payment under this section to each eligible |
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| 30 | 30 | | resident of this state and to pay costs incurred in facilitating the |
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| 31 | 31 | | payments. |
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| 32 | 32 | | SECTION 2. This Act takes effect September 1, 2023. |
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