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CONCURRENT RESOLUTION
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WHEREAS, Section 316.092, Government Code, sets out the |
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following in the subchapter "Preservation of Sufficient Balance in |
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Economic Stabilization Fund": |
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"(d) When the select committee has adopted under Subsection |
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(b) the amount of the sufficient balance of the fund for a state |
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fiscal biennium, the matter of approving that amount shall be |
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presented to each house of the legislature in a concurrent |
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resolution during the next succeeding regular legislative session. |
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The resolution must be presented for a vote in each house of the |
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legislature not later than the 30th day of that legislative |
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session, must be approved by a vote of a majority of the members of |
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each house, and must be finally approved by each house not later |
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than the 45th day of that legislative session. If a resolution |
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finally approved under this subsection is amended during the |
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legislative process to provide for a different sufficient balance |
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of the fund than that adopted under Subsection (b), that different |
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balance is the sufficient balance adopted under this section for |
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purposes of Section 316.093 [Adjustment of Constitutional
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Allocations to (Economic Stabilization) Fund and State Highway
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Fund]. If a resolution finally approved under this subsection does |
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not provide for a different sufficient balance of the fund or if a |
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resolution is not finally approved as provided by this subsection, |
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the sufficient balance adopted under Subsection (b) is the |
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sufficient balance adopted under this section for purposes of |
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Section 316.093"; now, therefore, be it |
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RESOLVED, That the 86th Legislature of the State of Texas |
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hereby express its continuing support for the process set out in |
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Section 316.092, Government Code, and honor the intent of the law |
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relating to the Sufficient Balance for the Economic Stabilization |
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Fund. |