By Tillery                                             H.B. No. 843
         76R3409 SMJ-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the timing of trust fund distributions to certain
 1-3     taxing entities.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Section 322.302(b), Tax Code, is amended to read
 1-6     as follows:
 1-7           (b)  The comptroller shall make payments required by
 1-8     Subsection (a) monthly [of this section] to entities created under
 1-9     Chapter 451 or 452, Transportation Code[, quarterly each fiscal
1-10     year as soon as practicable after the end of each quarter].
1-11           SECTION 2.  This Act takes effect October 1, 1999.
1-12           SECTION 3.  The importance of this legislation and the
1-13     crowded condition of the calendars in both houses create an
1-14     emergency and an imperative public necessity that the
1-15     constitutional rule requiring bills to be read on three several
1-16     days in each house be suspended, and this rule is hereby suspended.