| Issue Date: | 2017-09-12 |
|---|---|
| Revised Date: | 2019-12-11 |
Legal Citations
- Texas Constitution art. VIII sec. 7-c
Codes
| Out | In | For |
|---|---|---|
| 7925 | 3925 | State Highway Fund (0006) Sales Tax Transfer from Fund 0001 |
Purpose
Allocation of $2.5 billion in sales and use tax from Fund 0001 to Fund 0006 each fiscal year beginning fiscal 2018. This amount is allocated from revenue above the first $28 billion in sales tax deposited to General Revenue.
Note
Allocation to the State Highway Fund (0006) proposed by S.J.R. 5, 84th Leg., R.S. and adopted by voters November 3, 2015.