Bill Text: TX HJR27 | 2021-2022 | 87th Legislature | Introduced

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Bill Title: Proposing a constitutional amendment to reduce the allocation of certain general revenue to the economic stabilization fund and to use that revenue for certain science, technology, engineering, and mathematics (STEM) scholarships.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2021-03-01 - Referred to Appropriations [HJR27 Detail]

Download: Texas-2021-HJR27-Introduced.html

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87R198 KJE-D
By: White H.J.R. No. 27

A JOINT RESOLUTION
proposing a constitutional amendment to reduce the allocation of
certain general revenue to the economic stabilization fund and to
use that revenue for certain science, technology, engineering, and
mathematics (STEM) scholarships.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 49-g, Article III, Texas Constitution,
is amended by adding Subsection (c-3) to read as follows:
(c-3) Notwithstanding any other provision of this section,
each time the comptroller determines the amount of general revenue
to be allocated for transfer to the economic stabilization fund
under Subsection (c-1) of this section and that amount is not
increased under Subsection (c-2) of this section, the comptroller
shall reduce the amount of that transfer by 0.01 percent and retain
the amount by which the transfer is reduced as general revenue.
Money retained as general revenue under this subsection may be used
only to provide for a scholarship program for citizens or lawful
permanent residents of the United States who are residents of this
state and are enrolled in an undergraduate science, technology,
engineering, or mathematics (STEM) program at a public institution
of higher education in this state. The legislature by general law
shall provide for the administration of the scholarship program.
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 87th Legislature,
Regular Session, 2021, to reduce the allocation of certain general
revenue to the economic stabilization fund and to use that revenue
for certain science, technology, engineering, and mathematics
(STEM) scholarships.
(b) The amendment to Section 49-g, Article III, of this
constitution applies beginning with the transfer to be made to the
economic stabilization fund under Section 49-g(c) of that article
during the state fiscal year that begins September 1, 2023.
(c) This temporary provision expires January 1, 2024.
SECTION 3. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 2, 2021.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment to reduce the
allocation of certain general revenue to the economic stabilization
fund and to use that revenue for certain science, technology,
engineering, and mathematics (STEM) scholarships."