Bill Text: TX SJR5 | 2015-2016 | 84th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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.
Spectrum: Slight Partisan Bill (Republican 33-14)
Status: (Enrolled - Dead) 2015-06-01 - Filed with the Secretary of State [SJR5 Detail]
Download: Texas-2015-SJR5-Comm_Sub.html
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.
Spectrum: Slight Partisan Bill (Republican 33-14)
Status: (Enrolled - Dead) 2015-06-01 - Filed with the Secretary of State [SJR5 Detail]
Download: Texas-2015-SJR5-Comm_Sub.html
By: Nichols, et al. | S.J.R. No. 5 | |
(In the Senate - Filed February 4, 2015; February 9, 2015, | ||
read first time and referred to Committee on Transportation; | ||
March 2, 2015, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 8, Nays 1; March 2, 2015, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.J.R. No. 5 | By: Nichols |
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proposing a constitutional amendment dedicating certain revenue | ||
derived from 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 Subsection (c) of this section, | ||
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 $2.5 billion of that revenue | ||
coming into the treasury in a state fiscal year shall be deposited | ||
as follows: | ||
(1) the next $2.5 billion of that revenue coming into | ||
the treasury in that state fiscal year shall be deposited to the | ||
credit of the state highway fund; and | ||
(2) any additional revenue to which this subsection | ||
applies that comes into the treasury in that state fiscal year shall | ||
be deposited: | ||
(A) one-half to the credit of the state highway | ||
fund; and | ||
(B) the remainder to the credit of the general | ||
revenue fund. | ||
(b) 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. | ||
(c) Revenue described by Subsection (a) of this section | ||
that, under general law in effect on January 1, 2015, was required | ||
to be deposited to the credit of a fund outside the general revenue | ||
fund from which money could be appropriated only for a purpose that | ||
decreases the rates of, or reduces reliance on, ad valorem taxes | ||
imposed to fund public schools is not included as part of the first | ||
$5 billion coming into the treasury for purposes of Subsection (a) | ||
of this section, and the requirements applicable to the deposit of | ||
money in excess of $2.5 billion prescribed by Subsection (a) of this | ||
section do not apply to that revenue to the extent general law | ||
continues to require the deposit of that revenue as described by | ||
this subsection and limit the appropriation of that revenue to the | ||
purpose described by this subsection. | ||
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 certain revenue derived from the | ||
tax imposed on the sale, use, or rental of a motor vehicle to the | ||
state highway fund. | ||
(b) The changes to Article VIII of this constitution made by | ||
the amendment take effect September 1, 2017. | ||
(c) Beginning with the state fiscal year beginning on | ||
September 1, 2017, the legislature may not appropriate any revenue | ||
to which Section 7-c(a)(1) or (2)(A), Article VIII, of this | ||
constitution applies for any purpose other than a purpose described | ||
by Section 7-c(b), Article VIII, of this constitution. | ||
(d) This temporary provision expires September 1, 2018. | ||
SECTION 3. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 8, 2016. | ||
The ballot shall be printed to permit voting for or against the | ||
proposition: "The constitutional amendment dedicating certain | ||
revenue derived from the tax imposed on the sale, use, or rental of | ||
a motor vehicle to the state highway fund." | ||
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