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TX HB4905
Bill
Status
Introduced
3/13/2025
Primary Sponsor
Mary Perez
Click for details
AI Summary
- Adds the ship channel improvement revolving fund to the list of accounts exempt from having their interest and earnings redirected to the general revenue fund
- Allows the ship channel improvement revolving fund to retain all interest and earnings that accrue on its deposits, rather than having them reallocated for general governmental purposes
- Takes effect immediately upon receiving a two-thirds vote of all members elected to each house, otherwise takes effect September 1, 2025
Legislative Description
Relating to the ship channel improvement revolving fund.
COMPTROLLER OF PUBLIC ACCOUNTS
Last Action
Committee report sent to Calendars
5/13/2025
Committee Referrals
Transportation Funding Subcommittee4/3/2025
Full Bill Text
No bill text available