Bill Text: TX SCR2 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Extending the duty of the comptroller of public accounts under Section 7-c, Article VIII, Texas Constitution, to deposit certain tax revenue to the state highway fund.
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: (Passed) 2023-06-09 - Signed by the Governor [SCR2 Detail]
Download: Texas-2023-SCR2-Enrolled.html
S.C.R. No. 2 |
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WHEREAS, Section 7-c(f), Article VIII, Texas Constitution, | ||
provides: "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."; and | ||
WHEREAS, Under Section 7-c(e)(1), Article VIII, Texas | ||
Constitution, the duty of the comptroller of public accounts under | ||
Section 7-c(a) of that article to 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 | ||
expires August 31, 2032; and | ||
WHEREAS, Under Section 7-c(e)(2), Article VIII, Texas | ||
Constitution, the duty of the comptroller of public accounts under | ||
Section 7-c(b) of that article to 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 expires August 31, 2029; | ||
now, therefore, be it | ||
RESOLVED by the 88th Legislature of the State of Texas, That | ||
the duty of the comptroller of public accounts under Section | ||
7-c(a), Article VIII, Texas Constitution, to 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 is extended and expires August 31, 2042; and, be | ||
it further | ||
RESOLVED, That the duty of the comptroller of public accounts | ||
under Section 7-c(b), Article VIII, Texas Constitution, to 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 | ||
is extended and expires August 31, 2039; and, be it further | ||
RESOLVED, That this resolution is adopted only if approved by | ||
a record vote of a majority of the members of each house of the | ||
legislature; and, be it further | ||
RESOLVED, That the secretary of state forward an official | ||
copy of this resolution to the comptroller of public accounts. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I hereby certify that S.C.R. No. 2 was adopted by the Senate | ||
on April 17, 2023, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
I hereby certify that S.C.R. No. 2 was adopted by the House | ||
on May 17, 2023, by the following vote: Yeas 144, Nays 0, | ||
one present not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
Received: | ||
______________________________ | ||
Date | ||
______________________________ | ||
Secretary of State |