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A JOINT RESOLUTION
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proposing a constitutional amendment prohibiting the issuance of |
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certain debt and the use of certain revenue for toll roads. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 49-m(a), Article III, Texas |
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Constitution, is amended to read as follows: |
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(a) The legislature, by law, may authorize the Texas |
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Transportation Commission or its successor to authorize the Texas |
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Department of Transportation or its successor to issue notes or |
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borrow money from any source to carry out the functions of the |
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department other than department functions related to toll roads. |
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SECTION 2. Section 49-n(a), Article III, Texas |
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Constitution, as proposed by H.J.R. 28, 78th Legislature, Regular |
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Session, 2003, is amended to read as follows: |
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(a) To fund highway improvement projects, other than toll |
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roads, the legislature may authorize the Texas Transportation |
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Commission or its successor to issue bonds and other public |
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securities and enter into bond enhancement agreements that are |
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payable from revenue deposited to the credit of the state highway |
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fund. |
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SECTION 3. Section 49-p(a), Article III, Texas |
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Constitution, is amended to read as follows: |
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(a) To provide funding for highway improvement projects, |
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other than toll roads, the legislature by general law may authorize |
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the Texas Transportation Commission or its successor to issue |
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general obligation bonds of the State of Texas in an aggregate |
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amount not to exceed $5 billion and enter into related credit |
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agreements. The bonds shall be executed in the form, on the terms, |
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and in the denominations, bear interest, and be issued in |
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installments as prescribed by the Texas Transportation Commission |
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or its successor. |
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SECTION 4. Sections 7-a and 7-b, Article VIII, Texas |
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Constitution, are amended to read as follows: |
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Sec. 7-a. Subject to legislative appropriation, allocation |
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and direction, all net revenues remaining after payment of all |
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refunds allowed by law and expenses of collection derived from |
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motor vehicle registration fees, and all taxes, except gross |
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production and ad valorem taxes, on motor fuels and lubricants used |
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to propel motor vehicles over public roadways, shall be used for the |
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sole purpose of policing public roadways and for acquiring |
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rights-of-way for and [,] constructing and [,] maintaining[, and
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policing such] public roadways, other than toll roads, and for the |
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administration of such laws as may be prescribed by the Legislature |
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pertaining to the supervision of traffic and safety on such roads; |
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[and for the payment of the principal and interest on county and
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road district bonds or warrants voted or issued prior to January 2,
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1939, and declared eligible prior to January 2, 1945, for payment
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out of the County and Road District Highway Fund under existing
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law;] provided, however, that one-fourth (1/4) of such net revenue |
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from the motor fuel tax shall be allocated to the Available School |
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Fund; and, provided, however, that the net revenue derived by |
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counties from motor vehicle registration fees shall never be less |
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than the maximum amounts allowed to be retained by each County and |
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the percentage allowed to be retained by each County under the laws |
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in effect on January 1, 1945. Nothing contained herein shall be |
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construed as authorizing the pledging of the State's credit for any |
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purpose. |
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Sec. 7-b. All revenues received from the federal government |
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as reimbursement for state expenditures of funds that are |
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themselves dedicated for policing public roadways and for acquiring |
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rights-of-way for and constructing and[,] maintaining[, and
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policing] public roadways, other than toll roads, are also |
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constitutionally dedicated and shall be used only for those |
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purposes. |
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SECTION 5. The following temporary provision is added to |
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the Texas Constitution: |
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TEMPORARY PROVISION. (a) This temporary provision applies |
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to the constitutional amendment proposed by the 85th Legislature, |
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Regular Session, 2017, prohibiting the issuance of certain debt and |
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the use of certain revenue for toll roads. |
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(b) The amendments to Sections 49-m, 49-n, and 49-p, Article |
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III, and Sections 7-a and 7-b, Article VIII, of this constitution |
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apply only in connection with a state fiscal biennium that begins on |
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or after September 1, 2019. |
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(c) This temporary provision expires September 2, 2019. |
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SECTION 6. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 7, 2017. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment prohibiting the |
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issuance of certain debt and the use of certain revenue for toll |
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roads." |