Bill Text: TX SB2050 | 2019-2020 | 86th Legislature | Comm Sub


Bill Title: Relating to the creation of the aviation development account.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2019-04-17 - Placed on intent calendar [SB2050 Detail]

Download: Texas-2019-SB2050-Comm_Sub.html
 
 
  By: Schwertner  S.B. No. 2050
         (In the Senate - Filed March 7, 2019; March 21, 2019, read
  first time and referred to Committee on Finance; April 15, 2019,
  reported favorably by the following vote:  Yeas 13, Nays 0;
  April 15, 2019, sent to printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the creation of the aviation development account.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter C, Chapter 21, Transportation Code,
  is amended by adding Section 21.1045 to read as follows:
         Sec. 21.1045.  AVIATION DEVELOPMENT ACCOUNT. (a)  The
  aviation development account is a separate account in the general
  revenue fund.
         (b)  The account consists of transfers made to the account.
         (c)  Money in the account may be appropriated only to the
  department for making grants to political subdivisions under this
  subchapter.
         (d)  Any money in the account not appropriated for a state
  fiscal year remains in the account.  The account is exempt from the
  application of Section 403.095, Government Code.
         SECTION 2.  This Act takes effect September 1, 2019.
 
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