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A BILL TO BE ENTITLED
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AN ACT
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relating to the funding of the Alternative Fuels Research and |
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Education Division of the Railroad Commission of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 113.246(b), Natural Resources Code, is |
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amended to read as follows: |
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(b) The rebate program provided in Section 113.2435 shall be |
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funded by 50 percent of the total delivery fees collected under |
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Section 113.244. Administrative costs for the Alternative Fuels |
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Research and Education Division program may not exceed 25 percent |
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of the total delivery fees collected. The remainder of the total |
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delivery fees collected may be expended at the discretion of the |
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commission. Notwithstanding the limitation on consumer rebate |
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program spending imposed by Section 113.2435(c)(5), on August 31, |
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2008, the commission shall carry forward unexpended amounts that |
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were budgeted for consumer rebate programs during the state fiscal |
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year ending on that date and shall include those amounts in the |
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commission's operating budget for consumer rebate programs for the |
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state fiscal year beginning September 1, 2008, conditioned on the |
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commission reserving no more than 50 percent of those amounts, to |
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the degree necessary for operational cash flow. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |