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A JOINT RESOLUTION
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proposing a constitutional amendment to permit additional uses of |
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certain dedicated general revenue transferred each fiscal year to |
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the state highway fund. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 49-g(c), Article III, Texas |
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Constitution, is amended to read as follows: |
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(c) Not later than the 90th day of each fiscal year, the |
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comptroller of public accounts shall transfer from the general |
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revenue fund to the economic stabilization fund and the state |
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highway fund the sum of the amounts described by Subsections (d) and |
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(e) of this section, to be allocated as provided by Subsections |
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(c-1) and (c-2) of this section. However, if necessary and |
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notwithstanding the allocations prescribed by Subsections (c-1) |
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and (c-2) of this section, the comptroller shall reduce |
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proportionately the amounts described by Subsections (d) and (e) of |
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this section to be transferred and allocated to the economic |
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stabilization fund to prevent the amount in that fund from |
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exceeding the limit in effect for that biennium under Subsection |
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(g) of this section. Revenue transferred to the state highway fund |
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under this subsection may be used only for constructing, |
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maintaining, and acquiring rights-of-way for: |
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(1) public roadways other than toll roads; |
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(2) public transportation; |
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(3) public bicycle paths; and |
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(4) public sidewalks. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 7, 2023. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment to permit additional |
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uses of certain dedicated general revenue transferred each fiscal |
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year to the state highway fund." |