Bill Text: TX SB15 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to state tax reductions and the limit on appropriations from certain state tax revenue for a state fiscal biennium.
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: (Introduced - Dead) 2015-03-04 - Referred to Finance [SB15 Detail]
Download: Texas-2015-SB15-Introduced.html
| By: Nelson, Eltife | S.B. No. 15 | |
| Hinojosa | ||
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| relating to state tax reductions and the limit on appropriations | ||
| from certain state tax revenue for a state fiscal biennium. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 316.001, Government Code, is amended to | ||
| read as follows: | ||
| Sec. 316.001. LIMIT. The rate of growth of appropriations | ||
| in a biennium from state tax revenues, other than state tax revenues | ||
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| appropriated for the purpose of paying for tax relief, may not | ||
| exceed the estimated rate of growth of the state's economy. | ||
| SECTION 2. Sections 316.002(a) and (e), Government Code, | ||
| are amended to read as follows: | ||
| (a) Before the Legislative Budget Board submits the budget | ||
| as prescribed by Section 322.008(c), the board shall establish: | ||
| (1) the estimated rate of growth of the state's economy | ||
| from the current biennium to the next biennium; | ||
| (2) the level of appropriations for the current | ||
| biennium from state tax revenues, other than state tax revenues | ||
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| appropriated for the purpose of paying for tax relief; and | ||
| (3) the amount of state tax revenues, other than state | ||
| tax revenues [ |
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| revenues appropriated for the purpose of paying for tax relief, | ||
| that could be appropriated for the next biennium within the limit | ||
| established by the estimated rate of growth of the state's economy. | ||
| (e) In the absence of an action by the Legislative Budget | ||
| Board to adopt a spending limit as provided in Subsections (a) and | ||
| (b), the estimated rate of growth in the state's economy from the | ||
| current biennium to the next biennium shall be treated as if it were | ||
| zero, and the amount of state tax revenues, other than state tax | ||
| revenues [ |
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| appropriated for the purpose of paying for tax relief, that could be | ||
| appropriated within the limit established by the estimated rate of | ||
| growth in the state's economy shall be the same as the level of | ||
| appropriations for the current biennium. | ||
| SECTION 3. Section 316.006, Government Code, is amended to | ||
| read as follows: | ||
| Sec. 316.006. LIMIT ON BUDGET RECOMMENDATIONS. Unless | ||
| authorized by majority vote of the members of the board from each | ||
| house, the Legislative Budget Board budget recommendations | ||
| relating to the proposed appropriations of state tax revenues, | ||
| other than state tax revenues [ |
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| and state tax revenues appropriated for the purpose of paying for | ||
| tax relief, may not exceed the limit adopted by the committee under | ||
| Section 316.005. | ||
| SECTION 4. Section 316.007(a), Government Code, is amended | ||
| to read as follows: | ||
| (a) The Legislative Budget Board shall include in its budget | ||
| recommendations the proposed limit of appropriations from state tax | ||
| revenues, other than state tax revenues [ |
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| constitution and state tax revenues appropriated for the purpose of | ||
| paying for tax relief. | ||
| SECTION 5. Section 316.008(a), Government Code, is amended | ||
| to read as follows: | ||
| (a) Unless the legislature adopts a resolution under | ||
| Section 22(b), Article VIII, [Section 22(b), of the] Texas | ||
| Constitution, raising the proposed limit on appropriations, the | ||
| proposed limit is binding on the legislature with respect to all | ||
| appropriations for the next biennium made from state tax revenues, | ||
| other than state tax revenues [ |
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| and state tax revenues appropriated for the purpose of paying for | ||
| tax relief. | ||
| SECTION 6. (a) The changes in law made by this Act apply | ||
| only in relation to appropriations made for the state fiscal | ||
| biennium beginning September 1, 2017, and subsequent state fiscal | ||
| bienniums. | ||
| (b) Appropriations for the state fiscal biennium that | ||
| begins September 1, 2015, are governed by Subchapter A, Chapter | ||
| 316, Government Code, as that subchapter provided immediately | ||
| before the effective date of this Act, and the former law is | ||
| continued in effect for that purpose. | ||
| SECTION 7. This Act takes effect on the effective date of | ||
| the constitutional amendment proposed by the 84th Legislature, | ||
| Regular Session, 2015, excepting certain appropriations for | ||
| reducing state debt from the constitutional limitation on the rate | ||
| of growth of appropriations. If that amendment is not approved by | ||
| the voters, this Act has no effect. | ||
