By:  Keffer of Eastland, et al.                                   H.B. No. 1655
 
    (Senate Sponsor - Averitt)                                               
	(In the Senate - Received from the House May 16, 2005; 
May 17, 2005, read first time and referred to Committee on Finance; 
May 21, 2005, reported favorably by the following vote:  Yeas 11, 
Nays 0; May 21, 2005, sent to printer.)


A BILL TO BE ENTITLED

AN ACT


relating to funding for the Texas statewide emergency services 
personnel retirement fund.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Chapter 221, Insurance Code, as effective April 
1, 2005, is amended by adding Section 221.008 to read as follows:
	Sec. 221.008.  USE OF CERTAIN TAX.  (a)  Of the tax collected 
under this chapter and attributable to gross premiums for fire 
insurance and allied lines:
		(1)  the amount of $6.7 million shall be deposited to 
the credit of the Texas statewide emergency services personnel 
retirement trust fund on or before March 15, 2006; and
		(2)  the amount of $6.7 million shall be deposited to 
the credit of the Texas statewide emergency services personnel 
retirement trust fund on or before March 15, 2007.
	(b)  This section expires December 31, 2007.                            
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2005.



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