TO: | Honorable Rene Oliveira, Chair, House Committee on Ways & Means |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2613 by Heflin (Relating to the allocation of gasoline tax to county roads.), As Introduced |
Fiscal Year | Probable Revenue (Loss) from State Highway Fund 6 |
Probable Revenue Gain from Co & Rd District Hwy Fund 57 |
Probable Revenue Gain from Special County Road Assistance Program |
---|---|---|---|
2009 | ($22,700,000) | $7,700,000 | $15,000,000 |
2010 | ($22,700,000) | $7,700,000 | $15,000,000 |
2011 | ($22,700,000) | $7,700,000 | $15,000,000 |
2012 | ($22,700,000) | $7,700,000 | $15,000,000 |
2013 | ($22,700,000) | $7,700,000 | $15,000,000 |
2014 | ($22,700,000) | $7,700,000 | $15,000,000 |
Fiscal Year | Probable Revenue (Loss) from State Highway Fund 6 |
Probable Revenue Gain from Co & Rd District Hwy Fund 57 |
Probable Revenue Gain from Special County Road Assistance Program |
---|---|---|---|
2010 | ($22,700,000) | $7,700,000 | $15,000,000 |
2011 | ($22,700,000) | $7,700,000 | $15,000,000 |
2012 | ($22,700,000) | $7,700,000 | $15,000,000 |
2013 | ($22,700,000) | $7,700,000 | $15,000,000 |
2014 | ($22,700,000) | $7,700,000 | $15,000,000 |
The bill would amend Chapter 162 of the Tax Code, relating to the allocation of the gasoline tax.
The allocation of revenue from the gasoline tax under current law, after a deposit for administration and enforcement; after an allocation of unclaimed refundable gasoline taxes; and after an allocation of other unclaimed refundable non-dedicated taxes are all made, is as follows: (1) one-fourth is deposited to Available School Fund; (2) one-half is deposited to State Highway Fund for the construction and maintenance of the state road system under existing law; and (3) from the remaining one-fourth, $7,300,000 is deposited to the County and Road District Highway Fund each fiscal year, and the remainder is deposited to the State Highway Fund to be used by the Texas Department of Transportation (TxDOT) for the construction, improvement, and maintenance of farm-to-market roads.
The bill would change the allocation for the last one-fourth of gasoline tax revenues as follows: $15,000,000 would be deposited to the County and Road District Highway Fund each fiscal year; $15,000,000 would be deposited to the credit of the special county road assistance program, established by Subchapter D, Chapter 615, Local Government Code, each fiscal year; and the remainder would be deposited to the State Highway Fund to be used by TxDOT for the construction, improvement, and maintenance of farm-to-market roads.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2009.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, MN, SD, KK, TP
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