| Issue Date: | 2003-11-01 |
|---|---|
| Revised Date: | 2005-09-01 |
Legal Citations
- Texas Constitution art. III sec. 49-k
Origin:
2001 by S.J.R. 16, 77th Leg., R.S.
Purpose
A revolving fund to provide a method of financing construction, reconstruction, acquisition and expansion of state highways. Also used to provide state participation in payment of costs of constructing publicly owned toll roads and other transportation projects. From proceeds of sale of obligations, appropriations, other money not dedicated by the constitution and money received from a regional mobility authority.
Receives 49.5% of driver responsibility surcharges (revenue object code 3023) under Ch. 708 and 67% of state traffic fines (3710) under Ch. 542, Transportation Code in FY 04 and FY 05 only. For FY 04-07, if the combined revenue from surcharges and fines exceeds $250 million in any year, the excess shall be deposited to this fund. Beginning in FY06, receives revenue from the sale of accident reports and driver records (3027), certain driver license and reinstatement fees (3025) and penalties from commercial motor carrier safety responsibility violations (3057). (H.B. 3588, 78th Leg., R.S. and H.B. 2, 78th Leg., 3rd C.S.) To receive all revenue from the sale of United We Stand license plates (3014). (H.B. 2971, 78th Leg., R.S.) The increase in title certificate fees (3012) that are deposited to GR Account - Emissions Reduction (5071) until 9-1-08 are redirected to this fund on 9-1-08 (H.B. 1365, 78th Leg., R.S.).
Receives 49.5% of driver responsibility surcharges (revenue object code 3023) under Ch. 708 and 67% of state traffic fines (3710) under Ch. 542, Transportation Code in FY 04 and FY 05 only. For FY 04-07, if the combined revenue from surcharges and fines exceeds $250 million in any year, the excess shall be deposited to this fund. Beginning in FY06, receives revenue from the sale of accident reports and driver records (3027), certain driver license and reinstatement fees (3025) and penalties from commercial motor carrier safety responsibility violations (3057). (H.B. 3588, 78th Leg., R.S. and H.B. 2, 78th Leg., 3rd C.S.) To receive all revenue from the sale of United We Stand license plates (3014). (H.B. 2971, 78th Leg., R.S.) The increase in title certificate fees (3012) that are deposited to GR Account - Emissions Reduction (5071) until 9-1-08 are redirected to this fund on 9-1-08 (H.B. 1365, 78th Leg., R.S.).
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
For the 06/07 biennium, revenue from objects 3025 and 3027 will be deposited to the General Revenue Fund (No. 0001) per S.B. 1863, 79th Leg. R.S. This provision expires 1-1-08.
USAS Values
| USAS Title | TEXAS MOBILITY FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.