Bill Text: TX HB2230 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2023-06-09 - Effective on 9/1/23 [HB2230 Detail]
Download: Texas-2023-HB2230-Enrolled.html
H.B. No. 2230 |
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relating to the determination of the sufficient balance of the | ||
economic stabilization fund for the purpose of allocating general | ||
revenue to that fund and the state highway fund. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 316.092(b), Government Code, is amended | ||
to read as follows: | ||
(b) This section expires December 31, 2042 [ |
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SECTION 2. Sections 316.093(c) and (d), Government Code, | ||
are amended to read as follows: | ||
(c) For the purposes of Section 49-g(c-2), Article III, | ||
Texas Constitution, the comptroller shall adjust the allocation | ||
provided by Section 49-g(c-1) of that article of amounts to be | ||
transferred to the fund and to the state highway fund under Section | ||
49-g(c) of that article in a state fiscal year beginning on or after | ||
September 1, 2043 [ |
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transferred to the economic stabilization fund, except that the | ||
comptroller shall reduce a transfer made under this subsection as | ||
necessary to prevent the amount in the fund from exceeding the limit | ||
in effect for that biennium under Section 49-g(g) of that article. | ||
(d) Subsections (a) and (b) and this subsection expire | ||
December 31, 2042 [ |
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SECTION 3. This Act takes effect September 1, 2023. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 2230 was passed by the House on May 3, | ||
2023, by the following vote: Yeas 146, Nays 1, 1 present, not | ||
voting; and that the House concurred in Senate amendments to H.B. | ||
No. 2230 on May 17, 2023, by the following vote: Yeas 142, Nays 0, | ||
1 present, not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 2230 was passed by the Senate, with | ||
amendments, on May 15, 2023, by the following vote: Yeas 31, Nays | ||
0. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: __________________ | ||
Date | ||
__________________ | ||
Governor |