Issue Date: 2017-09-12
Revised Date: 2019-12-11

Legal Cites

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.