H.B. 84 78(1)    BILL ANALYSIS


H.B. 84
By: Grusendorf
Appropriations
Committee Report (Unamended)



BACKGROUND AND PURPOSE 

An $800 million delay in foundation School Program payments was passed by
the 78th Legislature as a one-time savings.  The delay, when it was
originally drafted in H.B. 5 and H.B. 3459, would have pushed the August
2004 payment in to September 2004, reducing the amount of cash needed to
finance the fiscal 2004 budget.  Subsequently, H.B. 2425 created some
confusion since it called for immediate effect.   

The intent of this bill is to clarify the effective date of the delayed
payment. 


RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
additional rulemaking authority to a state officer, department, agency, or
institution.  

ANALYSIS

Limits provisions found in HB 2425 and HB 3459 passed in the 78th
Legislature to apply only to a payment from the foundation school fund
that is made on or after January 1, 2004.  Payments made before that date
are governed by Section 42.259, Education Code, as it existed on June 1,
2003, and the former law is continued in effect for this purpose. 


EFFECTIVE DATE

Upon passage, or, if the Act does not receive the necessary vote, the Act
takes effect on the 91st day after the last day of the legislative
session.