S.B. No. 962
 
 
 
 
AN ACT
  relating to the determination of the sufficient balance of the
  economic stabilization fund for the purpose of allocating general
  revenue to that fund and the state highway fund.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 316.092(e), Government Code, is amended
  to read as follows:
         (e)  This section expires December 31, 2034 [2024].
         SECTION 2.  Sections 316.093(e) and (f), Government Code,
  are amended to read as follows:
         (e)  For the purposes of Section 49-g(c-2), Article III,
  Texas Constitution, the comptroller shall adjust the allocation
  provided by Section 49-g(c-1) of that article of amounts to be
  transferred to the fund and to the state highway fund under Section
  49-g(c) of that article in a state fiscal year beginning on or after
  September 1, 2035 [2025], so that the total of those amounts is
  transferred to the economic stabilization fund, except that the
  comptroller shall reduce a transfer made under this subsection as
  necessary to prevent the amount in the fund from exceeding the limit
  in effect for that biennium under Section 49-g(g) of that article.
         (f)  Subsections (a), (b), and (c) and this subsection expire
  December 31, 2034 [2024].
         SECTION 3.  This Act takes effect September 1, 2019.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 962 passed the Senate on April  
  11, 2019, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 962 passed the House on
  May 17, 2019, by the following vote:  Yeas 140, Nays 1, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor