88R11645 KBB-D
 
  By: Plesa H.B. No. 5301
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a one-time cash payment to certain residents of this
  state.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  (a)  The comptroller shall make a one-time
  payment of $500 to each eligible resident of this state, as provided
  by this section.
         (b)  For purposes of this section, an individual is eligible
  to receive a payment under this section only if the individual:
               (1)  is 18 years of age or older;
               (2)  resides in and is lawfully present in the state;
  and
               (3)  is not incarcerated at the time of applying.
         (c)  An individual must apply to the comptroller to receive a
  payment under this section. The comptroller by rule shall adopt an
  application form and a process to verify information:
               (1)  attesting an applicant's eligibility for the
  payment; and
               (2)  necessary for the applicant to receive the
  payment.
         (d)  An amount, estimated not to exceed $15 billion, is
  appropriated from the economic stabilization fund to the
  comptroller for the state fiscal biennium beginning September 1,
  2023, to provide a payment under this section to each eligible
  resident of this state and to pay costs incurred in facilitating the
  payments.
         SECTION 2.  This Act takes effect September 1, 2023.