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Relating to the creation and re-creation of funds and accounts, the
dedication and rededication of revenue and allocation of accrued
interest on dedicated revenue, and the exemption of unappropriated
money from use for general governmental purposes.
Any net gain or loss from the re-creation of existing funds or accounts as exempted in this
bill are dependent upon the passage of another act of the 86th Legislature, Regular Session
(2019) and are dependent upon appropriations made in the 2020-21 General Appropriations
HB 3317 is a funds consolidation bill that would update references to the 85th Legislature in provisions governing the use of dedicated revenue to reflect application of those provisions to the 86th Legislature. It would also update the date on which dedicated revenues estimated to exceed the amount appropriated are considered available for general governmental purposes and for budget certification.
This bill, updated and passed every legislative session for the past 20 years, would abolish all funds and accounts created or re-created, and all dedications or rededications of revenue collected by a state agency for a particular purpose, by an act of the current legislature that becomes law, on the later date of August 31, 2021 or the date the act creating the fund or dedicating revenue takes effect (except as otherwise provided by the bill).
Texas Action is neutral on HB 3317 because it does not affect our liberty principles.