Bill Text: TX SB2 | 2021 | 87th Legislature 3rd Special Session | Introduced

Texas Senate Bill 2 (Prior Session Legislation)

Introduced

Bill Title: Relating to an appropriation of certain federal coronavirus relief money for paying down the state's unemployment insurance debt.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2021-10-04 - No action taken in committee [SB2 Detail]

Download: Texas-2021-SB2-Introduced.html

	87S30315 RDS-D

	By: Nelson	S.B. No. 2



	A BILL TO BE ENTITLED
	AN ACT
	relating to an appropriation of certain federal coronavirus relief
	money for paying down the state's unemployment insurance debt.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. APPROPRIATION: UNEMPLOYMENT COMPENSATION FUND.
	For the two-year period beginning on the effective date of this Act,
	the amount of $7,245,419,946 is appropriated to the comptroller of
	public accounts from money received by this state from the
	Coronavirus State Fiscal Recovery Fund (42 U.S.C. Section 802)
	established under the American Rescue Plan Act of 2021 (Pub. L.
	No. 117-2) and deposited to the credit of the Coronavirus Relief
	Fund No. 325, for deposit to the credit of the unemployment
	compensation fund under Section 203.021, Labor Code, for the
	purpose of paying back outstanding advances received by this state
	under Section 1201, Social Security Act (42 U.S.C. Section 1321),
	and returning the unemployment compensation fund to the statutory
	floor computed under Section 204.061, Labor Code, on October 1,
	2021, as reimbursement for payments made as a result of the
	coronavirus disease pandemic.
	SECTION 2. EFFECTIVE DATE. This Act takes effect
	immediately if it receives a vote of two-thirds of all the members
	elected to each house, as provided by Section 39, Article III, Texas
	Constitution. If this Act does not receive the vote necessary for
	immediate effect, this Act takes effect on the 91st day after the
	last day of the legislative session.