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House Bill 3849 |
House Author: Zerwas |
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Effective: See below |
Senate Sponsor: Nelson |
House Bill 3849 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 85th Legislature, Regular Session, except those specifically exempted from abolition under the bill's provisions, and creates and re-creates certain accounts and funds. The bill 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.
House Bill 3849 amends the Government Code, effective September 1, 2017, to require the comptroller of public accounts to make reductions in dedicated accounts in the amounts by which estimated revenues and unobligated balances exceeded appropriations, following certification of all appropriations enacted by the 85th Legislature and to make certain dedicated revenues unavailable for general governmental and certification purposes. The bill repeals a provision that makes dedicated revenues in certain accounts or funds unavailable for general governmental purposes and for consideration for certification under statutory provisions relating to revenue estimates. Except as otherwise provided, the bill takes effect on June 12, 2017.