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Summary: HB 1273 would remove the Texas Certified Retirement Community Program from a fee-funded program to a program that receives dedicated funding from General Revenue. In addition, the legislation would give the Department of Agriculture the flexibility to attract the retirement community by providing the agency with rule-making authority.
Analysis: This legislation is mainly an administrative issue that falls largely outside of our liberty principles. However, we are concerned about creating a new general revenue dedicated account, which we do not support. We are neutral on the overall bill but recommend that the monies be deposited in state general revenue as opposed to a general revenue dedicated account.