By: Ellis S.B. No. 959
73R6360 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the administration and use of oil overcharge funds.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. (a) The power and discretion to finance and
1-5 oversee projects financed with oil overcharge funds is transferred
1-6 to the Legislative Budget Board.
1-7 (b) All programs financed with oil overcharge funds are
1-8 direct grant programs except the revolving loan program.
1-9 (c) The Medicaid analysis and cost control office shall
1-10 provide staff to implement the Oil Overcharge Restitutionary Act
1-11 (Article 4413(56), Vernon's Texas Civil Statutes) and its
1-12 subsequent amendments. The energy office of the office of the
1-13 governor is transferred to the General Services Commission.
1-14 (d) Projects under the transportation energy program may not
1-15 include public education related to mass transit.
1-16 (e) Sections 5, 17, and 26, Oil Overcharge Restitutionary
1-17 Act (Article 4413(56), Vernon's Texas Civil Statutes), and their
1-18 subsequent amendments, are repealed.
1-19 SECTION 2. The importance of this legislation and the
1-20 crowded condition of the calendars in both houses create an
1-21 emergency and an imperative public necessity that the
1-22 constitutional rule requiring bills to be read on three several
1-23 days in each house be suspended, and this rule is hereby suspended,
1-24 and that this Act take effect and be in force from and after its
2-1 passage, and it is so enacted.