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HOUSE CONCURRENT RESOLUTION
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WHEREAS, Financing for transportation infrastructure |
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projects is essential to the promotion of long-term economic growth |
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in Texas; and |
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WHEREAS, House Bill 16, 83rd Legislature, 2nd Called Session, |
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2013, or similar legislation makes appropriations for the purpose |
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of financing transportation infrastructure projects; and |
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WHEREAS, Appropriations made by House Bill 16 are separate |
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from and in addition to appropriations made by the general |
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appropriations bill, Senate Bill 1, 83rd Legislature, Regular |
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Session, 2013; and |
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WHEREAS, Appropriations made by the general appropriations |
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bill are subject to the constitutional spending limit for state tax |
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revenues not dedicated by the constitution, and appropriations made |
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from those sources in Senate Bill 1 are less than the amount |
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authorized by Section 22(a), Article VIII, Texas Constitution; now, |
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therefore, be it |
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RESOLVED, That the 83rd Legislature of the State of Texas, |
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2nd Called Session, finds that the existing need for financing |
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transportation infrastructure projects constitutes an emergency |
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for the people of Texas; and, be it further |
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RESOLVED, That the 83rd Legislature may appropriate state tax |
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revenues not dedicated by the Texas Constitution in excess of the |
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amount authorized by Section 22(a), Article VIII, Texas |
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Constitution, for the state fiscal biennium ending August 31, 2015, |
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in an amount not to exceed the sum of the following amounts: |
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(1) the amount of money equal to the amount by which |
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transfers to the economic stabilization fund during the state |
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fiscal year ending August 31, 2013, exceed the estimated amount of |
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transfers to be made to that fund during that fiscal year as |
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contained in the biennial state taxes and fees general revenue |
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estimate for the state fiscal biennium ending August 31, 2013; and |
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(2) the amount of money equal to the amount by which |
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transfers to the economic stabilization fund during the state |
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fiscal year ending August 31, 2014, exceed the estimated amount of |
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transfers to be made to that fund during that fiscal year as |
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contained in the biennial state taxes and fees general revenue |
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estimate for the state fiscal biennium ending August 31, 2015. |
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Authorizing the 83rd Legislature to appropriate an amount that |
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exceeds the amount authorized by Section 22(a), Article VIII, Texas |
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Constitution. |