Bill Text: TX HJR65 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Proposing a constitutional amendment prohibiting the issuance of certain debt and the use of certain revenue for toll roads.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2017-03-20 - Referred to Transportation [HJR65 Detail]
Download: Texas-2017-HJR65-Introduced.html
85R1236 JAM-D | ||
By: Leach | H.J.R. No. 65 |
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proposing a constitutional amendment prohibiting the issuance of | ||
certain debt and the use of certain revenue for toll roads. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 49-m(a), Article III, Texas | ||
Constitution, is amended to read as follows: | ||
(a) The legislature, by law, may authorize the Texas | ||
Transportation Commission or its successor to authorize the Texas | ||
Department of Transportation or its successor to issue notes or | ||
borrow money from any source to carry out the functions of the | ||
department other than department functions related to toll roads. | ||
SECTION 2. Section 49-n(a), Article III, Texas | ||
Constitution, as proposed by H.J.R. 28, 78th Legislature, Regular | ||
Session, 2003, is amended to read as follows: | ||
(a) To fund highway improvement projects, other than toll | ||
roads, the legislature may authorize the Texas Transportation | ||
Commission or its successor to issue bonds and other public | ||
securities and enter into bond enhancement agreements that are | ||
payable from revenue deposited to the credit of the state highway | ||
fund. | ||
SECTION 3. Section 49-p(a), Article III, Texas | ||
Constitution, is amended to read as follows: | ||
(a) To provide funding for highway improvement projects, | ||
other than toll roads, the legislature by general law may authorize | ||
the Texas Transportation Commission or its successor to issue | ||
general obligation bonds of the State of Texas in an aggregate | ||
amount not to exceed $5 billion and enter into related credit | ||
agreements. The bonds shall be executed in the form, on the terms, | ||
and in the denominations, bear interest, and be issued in | ||
installments as prescribed by the Texas Transportation Commission | ||
or its successor. | ||
SECTION 4. Sections 7-a and 7-b, Article VIII, Texas | ||
Constitution, are amended to read as follows: | ||
Sec. 7-a. Subject to legislative appropriation, allocation | ||
and direction, all net revenues remaining after payment of all | ||
refunds allowed by law and expenses of collection derived from | ||
motor vehicle registration fees, and all taxes, except gross | ||
production and ad valorem taxes, on motor fuels and lubricants used | ||
to propel motor vehicles over public roadways, shall be used for the | ||
sole purpose of policing public roadways and for acquiring | ||
rights-of-way for and [ |
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administration of such laws as may be prescribed by the Legislature | ||
pertaining to the supervision of traffic and safety on such roads; | ||
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from the motor fuel tax shall be allocated to the Available School | ||
Fund; and, provided, however, that the net revenue derived by | ||
counties from motor vehicle registration fees shall never be less | ||
than the maximum amounts allowed to be retained by each County and | ||
the percentage allowed to be retained by each County under the laws | ||
in effect on January 1, 1945. Nothing contained herein shall be | ||
construed as authorizing the pledging of the State's credit for any | ||
purpose. | ||
Sec. 7-b. All revenues received from the federal government | ||
as reimbursement for state expenditures of funds that are | ||
themselves dedicated for policing public roadways and for acquiring | ||
rights-of-way for and constructing and[ |
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constitutionally dedicated and shall be used only for those | ||
purposes. | ||
SECTION 5. The following temporary provision is added to | ||
the Texas Constitution: | ||
TEMPORARY PROVISION. (a) This temporary provision applies | ||
to the constitutional amendment proposed by the 85th Legislature, | ||
Regular Session, 2017, prohibiting the issuance of certain debt and | ||
the use of certain revenue for toll roads. | ||
(b) The amendments to Sections 49-m, 49-n, and 49-p, Article | ||
III, and Sections 7-a and 7-b, Article VIII, of this constitution | ||
apply only in connection with a state fiscal biennium that begins on | ||
or after September 1, 2019. | ||
(c) This temporary provision expires September 2, 2019. | ||
SECTION 6. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 7, 2017. | ||
The ballot shall be printed to permit voting for or against the | ||
proposition: "The constitutional amendment prohibiting the | ||
issuance of certain debt and the use of certain revenue for toll | ||
roads." |