Bill Text: TX HCR85 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Expressing support for the process set out in Section 316.092, Government Code, and honoring the intent of the law relating to the Sufficient Balance for the Economic Stabilization Fund.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2019-03-12 - Referred to Appropriations [HCR85 Detail]
Download: Texas-2019-HCR85-Introduced.html
| 86R13663 KMW-D | ||
| By: Krause | H.C.R. No. 85 | |
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| WHEREAS, Section 316.092, Government Code, sets out the | ||
| following in the subchapter "Preservation of Sufficient Balance in | ||
| Economic Stabilization Fund": | ||
| "(d) When the select committee has adopted under Subsection | ||
| (b) the amount of the sufficient balance of the fund for a state | ||
| fiscal biennium, the matter of approving that amount shall be | ||
| presented to each house of the legislature in a concurrent | ||
| resolution during the next succeeding regular legislative session. | ||
| The resolution must be presented for a vote in each house of the | ||
| legislature not later than the 30th day of that legislative | ||
| session, must be approved by a vote of a majority of the members of | ||
| each house, and must be finally approved by each house not later | ||
| than the 45th day of that legislative session. If a resolution | ||
| finally approved under this subsection is amended during the | ||
| legislative process to provide for a different sufficient balance | ||
| of the fund than that adopted under Subsection (b), that different | ||
| balance is the sufficient balance adopted under this section for | ||
| purposes of Section 316.093 [ |
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| not provide for a different sufficient balance of the fund or if a | ||
| resolution is not finally approved as provided by this subsection, | ||
| the sufficient balance adopted under Subsection (b) is the | ||
| sufficient balance adopted under this section for purposes of | ||
| Section 316.093"; now, therefore, be it | ||
| RESOLVED, That the 86th Legislature of the State of Texas | ||
| hereby express its continuing support for the process set out in | ||
| Section 316.092, Government Code, and honor the intent of the law | ||
| relating to the Sufficient Balance for the Economic Stabilization | ||
| Fund. | ||
