1 | 1 | | 89R12023 CS-D |
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2 | 2 | | By: Plesa H.B. No. 5647 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to a one-time cash payment to certain residents of this |
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10 | 10 | | state. |
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11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 12 | | SECTION 1. (a) The comptroller of public accounts shall |
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13 | 13 | | make a one-time payment of $500 to each eligible resident of this |
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14 | 14 | | state, as provided by this section. |
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15 | 15 | | (b) For purposes of this section, an individual is eligible |
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16 | 16 | | to receive a payment under this section only if the individual: |
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17 | 17 | | (1) is 18 years of age or older; |
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18 | 18 | | (2) resides in and is lawfully present in the state; |
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19 | 19 | | and |
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20 | 20 | | (3) is not incarcerated at the time of applying. |
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21 | 21 | | (c) An individual must apply to the comptroller to receive a |
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22 | 22 | | payment under this section. The comptroller by rule shall adopt an |
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23 | 23 | | application form and a process to verify information: |
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24 | 24 | | (1) attesting an applicant's eligibility for the |
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25 | 25 | | payment; and |
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26 | 26 | | (2) necessary for the applicant to receive the |
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27 | 27 | | payment. |
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28 | 28 | | (d) An amount, estimated not to exceed $15 billion, is |
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29 | 29 | | appropriated from the economic stabilization fund to the |
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30 | 30 | | comptroller for the state fiscal biennium beginning September 1, |
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31 | 31 | | 2025, to provide a payment under this section to each eligible |
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32 | 32 | | resident of this state and to pay costs incurred in facilitating the |
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33 | 33 | | payments. |
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34 | 34 | | SECTION 2. This Act takes effect September 1, 2025, but only |
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35 | 35 | | if this Act is approved by a vote of two-thirds of the members |
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36 | 36 | | present in each house of the legislature, as provided by Section |
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37 | 37 | | 49-g(m), Article III, Texas Constitution. If this Act is not |
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38 | 38 | | approved by the required vote, this Act has no effect. |
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