Bill Text: TX HB5301 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a one-time cash payment to certain residents of this state.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-24 - Referred to Appropriations [HB5301 Detail]
Download: Texas-2023-HB5301-Introduced.html
88R11645 KBB-D | ||
By: Plesa | H.B. No. 5301 |
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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 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, | ||
2023, 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, 2023. |