Old | New | Differences | |
---|---|---|---|
1 | 1 | 89R7838 AND-F | |
2 | 2 | By: Perez of Harris H.B. No. 4905 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to the ship channel improvement revolving fund. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 56.002(a), Transportation Code, is | |
12 | 12 | amended to read as follows: | |
13 | 13 | (a) The ship channel improvement revolving fund is a | |
14 | 14 | separate [an] account in the state highway [general revenue] fund. | |
15 | 15 | The fund is administered by the commission. | |
16 | 16 | SECTION 2. On the effective date of this Act, the | |
17 | 17 | comptroller of public accounts shall transfer the unencumbered | |
18 | 18 | balance of the ship channel improvement revolving fund established | |
19 | 19 | under Chapter 56, Transportation Code, to an account of the same | |
20 | 20 | name in the state highway fund. | |
21 | 21 | SECTION 3. This Act takes effect immediately if it receives | |
22 | 22 | a vote of two-thirds of all the members elected to each house, as | |
23 | 23 | provided by Section 39, Article III, Texas Constitution. If this | |
24 | 24 | Act does not receive the vote necessary for immediate effect, this | |
25 | 25 | Act takes effect September 1, 2025. |