TX SJR21 | 2019-2020 | 86th Legislature

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 4 2018 - 25% progression, died in committee
Action: 2019-04-11 - Left pending in committee
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Proposing a constitutional amendment to provide for foregoing the transfer of oil and gas production tax revenue to the economic stabilization fund if the ending fund balance for the preceding fiscal year is greater than 10 percent of the prior fiscal year's total net general revenue related collections and for reducing the rates of oil and gas production taxes by amounts sufficient to equal the foregone transfer.

Tracking Information

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Title

Proposing a constitutional amendment to provide for foregoing the transfer of oil and gas production tax revenue to the economic stabilization fund if the ending fund balance for the preceding fiscal year is greater than 10 percent of the prior fiscal year's total net general revenue related collections and for reducing the rates of oil and gas production taxes by amounts sufficient to equal the foregone transfer.

Sponsors


History

DateChamberAction
2019-04-11SenateLeft pending in committee
2019-04-11SenateTestimony taken in committee
2019-04-11SenateConsidered in public hearing
2019-04-11SenateScheduled for public hearing on . . .
2019-02-01SenateReferred to Finance
2019-02-01SenateRead first time
2018-12-04SenateFiled
2018-12-04SenateReceived by the Secretary of the Senate

Same As/Similar To

SB214 (Enabled by) 2019-04-11 - Left pending in committee

Subjects


Texas State Sources


Bill Comments

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