HB 275 filed by Representative Jim Pitts, House Appropriations Chairman, would appropriate $4,273,557,000 from the rainy day fund to the general revenue fund as money available for use during this current fiscal year (ending August 31, 2011).
Bill: http://www.capitol.state.tx.us/BillLookup/Text.aspx?LegSess=82R&Bill=HB275
Bill text:
A BILL TO BE ENTITLED
AN ACT
relating to making an appropriation of money from the economic stabilization fund for expenditure during the current state fiscal biennium.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. (a) The amount of $4,273,557,000 is appropriated from the economic stabilization fund to the comptroller of public accounts for the purpose of depositing that amount to the credit of the general revenue fund as money available for use during the state fiscal year ending August 31, 2011, to make expenditures previously authorized by appropriations from general revenue for the state fiscal biennium ending August 31, 2011.
(b) This Act takes effect only if it receives a vote of three-fifths of the members present in each house of the legislature, as provided by Section 49-g(k), Article III, Texas Constitution, and is subject to certification by the comptroller of public accounts as provided by that subsection.
SECTION 2. This Act takes effect immediately.
