Bill Text: TX HB62 | 2013 | 83rd Legislature 2nd Special Session | Introduced
Bill Title: Relating to providing funding for certain transportation projects, including port-related transportation projects; making appropriations.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2013-07-24 - Filed [HB62 Detail]
Download: Texas-2013-HB62-Introduced.html
83S20545 CJC-D | ||
By: Lavender | H.B. No. 62 |
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relating to providing funding for certain transportation projects, | ||
including port-related transportation projects; making | ||
appropriations. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended | ||
by adding Section 152.1223 to read as follows: | ||
Sec. 152.1223. ALLOCATION OF CERTAIN TAX REVENUE TO STATE | ||
HIGHWAY FUND. (a) Notwithstanding Section 152.122, in each state | ||
fiscal year beginning on or after September 1, 2015, the | ||
comptroller shall deposit to the credit of the state highway fund an | ||
amount of money that is equal to 33-1/3 percent of the money that: | ||
(1) is received under Sections 152.043, 152.045, | ||
152.047, and 152.121 and is remaining after the comptroller makes | ||
the allocation required by Section 152.1222; and | ||
(2) exceeds the first $3 billion of money described by | ||
Subdivision (1) that is received in that fiscal year. | ||
(b) Money deposited to the credit of the state highway fund | ||
under this section may be appropriated only: | ||
(1) for a purpose authorized by Section 7-a, Article | ||
VIII, Texas Constitution; | ||
(2) to repay the principal and interest on general | ||
obligation bonds issued as authorized by Section 49-p, Article III, | ||
Texas Constitution; or | ||
(3) to pay for a function performed by or under the | ||
supervision of the Texas Department of Transportation. | ||
SECTION 2. Section 55.002, Transportation Code, is amended | ||
by adding Subsection (e) to read as follows: | ||
(e) The commission may use money from the Texas mobility | ||
fund to provide funding, including through a loan, for a port | ||
security project, a port transportation project, or a project | ||
eligible for funding under Subsection (c). | ||
SECTION 3. (a) In this section, "biennial state taxes and | ||
fees general revenue estimate" means the amount of revenue stated | ||
in the comptroller's estimate provided in advance of the regular | ||
legislative session as required by Section 49a, Article III, Texas | ||
Constitution, that, based on the laws in effect at the time the | ||
estimate is made, is anticipated to be received by and for the state | ||
from collections of taxes and fees the revenue from which is | ||
anticipated to be deposited to the credit of the general revenue | ||
fund and is not set aside by law for a particular purpose or entity. | ||
(b) On the 91st day of the state fiscal biennium beginning | ||
September 1, 2013, an amount of money determined as provided by this | ||
subsection is appropriated from the general revenue fund to the | ||
Texas Department of Transportation for the two-year period | ||
beginning on the effective date of this Act for the purposes of | ||
constructing, maintaining, and acquiring rights-of-way for public | ||
roadways other than toll roads. The amount of money appropriated | ||
under this subsection is the amount by which revenue received by | ||
this state during the state fiscal biennium ending August 31, 2013, | ||
from collections of taxes and fees that is anticipated to be | ||
deposited to the credit of the general revenue fund and is not set | ||
aside for a particular purpose or entity exceeds the estimated | ||
amount of that revenue for that fiscal biennium as contained in the | ||
biennial state taxes and fees general revenue estimate for the | ||
state fiscal biennium ending August 31, 2013. The amount of money | ||
appropriated to the Texas Department of Transportation under this | ||
subsection may not exceed an amount that, when added to all other | ||
appropriations of state tax revenues not dedicated by the | ||
constitution made for the state fiscal biennium ending August 31, | ||
2013, would exceed the maximum permissible amount of appropriations | ||
of those revenues for that biennium, as provided by Section 22, | ||
Article VIII, Texas Constitution. | ||
(c) On the 91st day of the state fiscal biennium beginning | ||
September 1, 2015, the comptroller of public accounts shall deposit | ||
an amount of money determined as provided by this subsection to the | ||
credit of the state highway fund. The amount of money deposited | ||
under this subsection is the amount by which revenue received by | ||
this state during the state fiscal biennium ending August 31, 2015, | ||
from collections of taxes and fees that is anticipated to be | ||
deposited to the credit of the general revenue fund and is not set | ||
aside for a particular purpose or entity exceeds the estimated | ||
amount of that revenue for that fiscal biennium as contained in the | ||
biennial state taxes and fees general revenue estimate for the | ||
state fiscal biennium ending August 31, 2015. The amount of money | ||
deposited to the credit of the state highway fund under this | ||
subsection may not exceed $2,000,000,000. | ||
(d) This section expires January 1, 2016. | ||
SECTION 4. This Act takes effect on the 91st day after the | ||
last day of the legislative session. |