Enrolled Bill Summary

House Bill 3461	House Author:  Bonnen
Effective: See below	Senate Sponsor:  Huffman

            House Bill 3461, the biennial funds consolidation bill, abolishes all funds and accounts created or re‑created and all dedications or rededications of revenue collected by a state agency for a particular purpose by an act of the 88th Legislature, Regular Session, 2023, except those specifically exempted from abolishment under the bill's provisions. The bill creates and re‑creates certain accounts and funds and requires revenue that otherwise would be deposited to the credit of a special account or fund to instead be deposited to the credit of the undedicated portion of the general revenue fund unless the fund, account, or dedication is exempted under the bill's provisions.

Effective September 1, 2023, House Bill 3461 amends the Government Code, Health and Safety Code, and Transportation Code to revise provisions governing certain accounts and the dedication of certain revenue, postpone the expiration date of statutory provisions governing the use of dedicated revenue in treasury funds, and revise the deadline by which the comptroller of public accounts is required to eliminate all dedicated accounts for specialty license plates.

Except as otherwise provided, House Bill 3461 takes effect June 13, 2023.