By: Nichols, et al. S.C.R. No. 2
 
 
 
SENATE CONCURRENT RESOLUTION
  WHEREAS, Section 7-c(f), Article VIII, Texas Constitution,
  provides:  "The legislature by adoption of a resolution approved by
  a record vote of a majority of the members of each house of the
  legislature may extend, in 10-year increments, the duty of the
  comptroller of public accounts to make a deposit under Subsection
  (a) or (b) of this section beyond the applicable date prescribed by
  Subsection (e) of this section."; and
         WHEREAS, Under Section 7-c(e)(1), Article VIII, Texas
  Constitution, the duty of the comptroller of public accounts under
  Section 7-c(a) of that article to deposit to the credit of the state
  highway fund $2.5 billion of the net revenue derived from the
  imposition of the state sales and use tax on the sale, storage, use,
  or other consumption in this state of taxable items under Chapter
  151, Tax Code, or its successor, that exceeds the first $28 billion
  of that revenue coming into the treasury in that state fiscal year
  expires August 31, 2032; and
         WHEREAS, Under Section 7-c(e)(2), Article VIII, Texas
  Constitution, the duty of the comptroller of public accounts under
  Section 7-c(b) of that article to deposit to the credit of the state
  highway fund an amount equal to 35 percent of the net revenue
  derived from the tax authorized by Chapter 152, Tax Code, or its
  successor, and imposed on the sale, use, or rental of a motor
  vehicle that exceeds the first $5 billion of that revenue coming
  into the treasury in that state fiscal year expires August 31, 2029;
  now, therefore, be it
         RESOLVED by the 88th Legislature of the State of Texas, That
  the duty of the comptroller of public accounts under Section
  7-c(a), Article VIII, Texas Constitution, to deposit to the credit
  of the state highway fund $2.5 billion of the net revenue derived
  from the imposition of the state sales and use tax on the sale,
  storage, use, or other consumption in this state of taxable items
  under Chapter 151, Tax Code, or its successor, that exceeds the
  first $28 billion of that revenue coming into the treasury in that
  state fiscal year is extended and expires August 31, 2042; and, be
  it further
         RESOLVED, That the duty of the comptroller of public accounts
  under Section 7-c(b), Article VIII, Texas Constitution, to deposit
  to the credit of the state highway fund an amount equal to 35
  percent of the net revenue derived from the tax authorized by
  Chapter 152, Tax Code, or its successor, and imposed on the sale,
  use, or rental of a motor vehicle that exceeds the first $5 billion
  of that revenue coming into the treasury in that state fiscal year
  is extended and expires August 31, 2039; and, be it further
         RESOLVED, That this resolution is adopted only if approved by
  a record vote of a majority of the members of each house of the
  legislature; and, be it further
         RESOLVED, That the secretary of state forward an official
  copy of this resolution to the comptroller of public accounts.