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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of certain revenue to the Texas |
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emissions reduction plan fund and the Texas rail relocation and |
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improvement fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 386.002, Health and Safety Code, is |
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amended to read as follows: |
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Sec. 386.002. EXPIRATION. This chapter expires August 31, |
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2025 [2019]. |
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SECTION 2. Section 501.138, Transportation Code, is amended |
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by amending Subsections (b-2) and (b-3) and adding Subsection (b-4) |
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to read as follows: |
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(b-2) This subsection applies only during fiscal years |
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2016-2025. The comptroller shall establish a record of the amount |
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of the fees deposited to the credit of the Texas Mobility Fund under |
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Subsection (b-1). On or before the fifth workday of each month, the |
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Texas Department of Transportation shall remit to the comptroller |
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an amount of money from the state highway fund equal to the amount |
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of the fees deposited to the credit of the Texas Mobility Fund under |
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Subsection (b-1) in the preceding month. The comptroller shall: |
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(1) deposit $250 million of the remitted money to the |
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credit of the rail relocation and improvement fund each fiscal |
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year; and |
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(2) [for] deposit the remainder to the credit of the |
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Texas emissions reduction plan fund [an amount of money equal to the
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amount of the fees deposited by the comptroller to the credit of the
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Texas Mobility Fund under Subsection (b-1) in the preceding month]. |
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(b-3) The Texas Department of Transportation shall use for |
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the remittance to the comptroller [as] required by Subsection (b-2) |
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[this subsection] money in the state highway fund that is not |
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required to be used for a purpose specified by Section 7-a, Article |
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VIII, Texas Constitution, and may not use for that remittance money |
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received by this state under the congestion mitigation and air |
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quality improvement program established under 23 U.S.C. Section |
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149. |
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(b-4) [(b-3)] This subsection and Subsections [Subsection] |
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(b-2) and (b-3) expire August 31, 2025 [2019]. |
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SECTION 3. This Act takes effect September 1, 2015. |