89R12023 CS-D
By: Plesa H.B. No. 5647
A BILL TO BE ENTITLED
AN ACT
relating to a one-time cash payment to certain residents of this
state.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. (a) The comptroller of public accounts shall
make a one-time payment of $500 to each eligible resident of this
state, as provided by this section.
(b) For purposes of this section, an individual is eligible
to receive a payment under this section only if the individual:
(1) is 18 years of age or older;
(2) resides in and is lawfully present in the state;
and
(3) is not incarcerated at the time of applying.
(c) An individual must apply to the comptroller to receive a
payment under this section. The comptroller by rule shall adopt an
application form and a process to verify information:
(1) attesting an applicant's eligibility for the
payment; and
(2) necessary for the applicant to receive the
payment.
(d) An amount, estimated not to exceed $15 billion, is
appropriated from the economic stabilization fund to the
comptroller for the state fiscal biennium beginning September 1,
2025, to provide a payment under this section to each eligible
resident of this state and to pay costs incurred in facilitating the
payments.
SECTION 2. This Act takes effect September 1, 2025, but only
if this Act is approved by a vote of two-thirds of the members
present in each house of the legislature, as provided by Section
49-g(m), Article III, Texas Constitution. If this Act is not
approved by the required vote, this Act has no effect.