By: Junell H.B. No. 1529
73R5828 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to an emergency fund transfer and appropriation.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. (a) On the effective date of this Act, the
1-5 comptroller shall transfer the sum of $125.8 million from the
1-6 general revenue fund to the economic stabilization fund.
1-7 (b) In addition to other amounts appropriated for the fiscal
1-8 biennium ending August 31, 1995, for the period beginning August
1-9 30, 1995, and ending August 31, 1995, the balance of the economic
1-10 stabilization fund is appropriated to the comptroller for transfer
1-11 to the general revenue fund for the purpose of repaying items of
1-12 appropriation from that fund for payments to counties in the manner
1-13 provided by Section 22.01(a)(1), Chapter 10, Acts of the 72nd
1-14 Legislature, 2nd Called Session, 1991, and court-ordered payments
1-15 to counties.
1-16 SECTION 2. The importance of this legislation and the
1-17 crowded condition of the calendars in both houses create an
1-18 emergency and an imperative public necessity that the
1-19 constitutional rule requiring bills to be read on three several
1-20 days in each house be suspended, and this rule is hereby suspended,
1-21 and that this Act take effect and be in force from and after its
1-22 passage, and it is so enacted.