Texas 2025 - 89th Regular

Texas House Bill HB4905 Latest Draft

Bill / Introduced Version Filed 03/13/2025

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                            89R7838 AND-F
 By: Perez of Harris H.B. No. 4905




 A BILL TO BE ENTITLED
 AN ACT
 relating to the ship channel improvement revolving fund.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 56.002(a), Transportation Code, is
 amended to read as follows:
 (a)  The ship channel improvement revolving fund is a
 separate [an] account in the state highway [general revenue] fund.
 The fund is administered by the commission.
 SECTION 2.  On the effective date of this Act, the
 comptroller of public accounts shall transfer the unencumbered
 balance of the ship channel improvement revolving fund established
 under Chapter 56, Transportation Code, to an account of the same
 name in the state highway fund.
 SECTION 3.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2025.