Bill Text: TX SJR5 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Proposing a constitutional amendment dedicating a portion of the revenue derived from the state sales and use tax and the tax imposed on the sale, use, or rental of a motor vehicle to the state highway fund.
Sponsorship: Broadly Bipartisan Bill
Status: (Enrolled - Dead) 2015-06-01 - Filed with the Secretary of State [SJR5 Detail]
Download: Texas-2015-SJR5-Enrolled.html
| S.J.R. No. 5 | ||
| proposing a constitutional amendment dedicating a portion of the | ||
| revenue derived from the state sales and use tax and the tax imposed | ||
| on the sale, use, or rental of a motor vehicle to the state highway | ||
| fund. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Article VIII, Texas Constitution, is amended by | ||
| adding Section 7-c to read as follows: | ||
| Sec. 7-c. (a) Subject to Subsections (d) and (e) of this | ||
| section, in each state fiscal year, the comptroller of public | ||
| accounts shall deposit to the credit of the state highway fund $2.5 | ||
| billion of the net revenue derived from the imposition of the state | ||
| sales and use tax on the sale, storage, use, or other consumption in | ||
| this state of taxable items under Chapter 151, Tax Code, or its | ||
| successor, that exceeds the first $28 billion of that revenue | ||
| coming into the treasury in that state fiscal year. | ||
| (b) Subject to Subsections (d) and (e) of this section, in | ||
| each state fiscal year, the comptroller of public accounts shall | ||
| deposit to the credit of the state highway fund an amount equal to | ||
| 35 percent of the net revenue derived from the tax authorized by | ||
| Chapter 152, Tax Code, or its successor, and imposed on the sale, | ||
| use, or rental of a motor vehicle that exceeds the first $5 billion | ||
| of that revenue coming into the treasury in that state fiscal year. | ||
| (c) Money deposited to the credit of the state highway fund | ||
| under this section may be appropriated only to: | ||
| (1) construct, maintain, or acquire rights-of-way for | ||
| public roadways other than toll roads; or | ||
| (2) repay the principal of and interest on general | ||
| obligation bonds issued as authorized by Section 49-p, Article III, | ||
| of this constitution. | ||
| (d) The legislature by adoption of a resolution approved by | ||
| a record vote of two-thirds of the members of each house of the | ||
| legislature may direct the comptroller of public accounts to reduce | ||
| the amount of money deposited to the credit of the state highway | ||
| fund under Subsection (a) or (b) of this section. The comptroller | ||
| may be directed to make that reduction only: | ||
| (1) in the state fiscal year in which the resolution is | ||
| adopted, or in either of the following two state fiscal years; and | ||
| (2) by an amount or percentage that does not result in | ||
| a reduction of more than 50 percent of the amount that would | ||
| otherwise be deposited to the fund in the affected state fiscal year | ||
| under the applicable subsection of this section. | ||
| (e) Subject to Subsection (f) of this section, the duty of | ||
| the comptroller of public accounts to make a deposit under this | ||
| section expires: | ||
| (1) August 31, 2032, for a deposit required by | ||
| Subsection (a) of this section; and | ||
| (2) August 31, 2029, for a deposit required by | ||
| Subsection (b) of this section. | ||
| (f) The legislature by adoption of a resolution approved by | ||
| a record vote of a majority of the members of each house of the | ||
| legislature may extend, in 10-year increments, the duty of the | ||
| comptroller of public accounts to make a deposit under Subsection | ||
| (a) or (b) of this section beyond the applicable date prescribed by | ||
| Subsection (e) of this section. | ||
| SECTION 2. The following temporary provision is added to | ||
| the Texas Constitution: | ||
| TEMPORARY PROVISION. (a) This temporary provision applies | ||
| to the constitutional amendment proposed by the 84th Legislature, | ||
| Regular Session, 2015, dedicating a portion of the revenue derived | ||
| from the state sales and use tax and the tax imposed on the sale, | ||
| use, or rental of a motor vehicle to the state highway fund. | ||
| (b) Section 7-c(a), Article VIII, of this constitution | ||
| takes effect September 1, 2017. | ||
| (c) Section 7-c(b), Article VIII, of this constitution | ||
| takes effect September 1, 2019. | ||
| (d) Beginning on the dates prescribed by Subsections (b) and | ||
| (c) of this section, the legislature may not appropriate any | ||
| revenue to which Section 7-c(a) or (b), Article VIII, of this | ||
| constitution applies that is deposited to the credit of the state | ||
| highway fund for any purpose other than a purpose described by | ||
| Section 7-c(c), Article VIII, of this constitution. | ||
| (e) This temporary provision expires September 1, 2020. | ||
| SECTION 3. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 3, 2015. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment dedicating certain | ||
| sales and use tax revenue and motor vehicle sales, use, and rental | ||
| tax revenue to the state highway fund to provide funding for | ||
| nontolled roads and the reduction of certain | ||
| transportation-related debt." | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.J.R. No. 5 passed the Senate on | ||
| March 4, 2015, by the following vote: Yeas 28, Nays 2; | ||
| May 4, 2015, Senate refused to concur in House amendments and | ||
| requested appointment of Conference Committee; May 6, 2015, House | ||
| granted request of the Senate; May 29, 2015, Senate adopted | ||
| Conference Committee Report by the following vote: Yeas 31, | ||
| Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.J.R. No. 5 passed the House, with | ||
| amendments, on April 30, 2015, by the following vote: Yeas 138, | ||
| Nays 3, one present not voting; May 6, 2015, House granted request | ||
| of the Senate for appointment of Conference Committee; | ||
| May 30, 2015, House adopted Conference Committee Report by the | ||
| following vote: Yeas 142, Nays 1, one present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
