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Fund Consolidation HB 6 and GR-Dedicated Accounts HB 7

Fund Consolidation HB 6 and GR-Dedicated Accounts HB 7. Sam Miller Fiscal Integrity Division, Comptroller of Public Accounts. House Bill 6 Funds Consolidation. 2 primary purposes of funds consolidation:

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Fund Consolidation HB 6 and GR-Dedicated Accounts HB 7

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  1. Fund Consolidation HB 6 and GR-Dedicated Accounts HB 7 Sam Miller Fiscal Integrity Division, Comptroller of Public Accounts

  2. House Bill 6 Funds Consolidation 2 primary purposes of funds consolidation: • Limits the number of newly created funds and dedicated revenue by abolishing those created during the session; and • Re-enacts the provision in law permitting the comptroller to use balances from dedicated accounts for certification. A complete list of items exempted in HB 6, funds consolidation can be found on the comptroller’s FMX website. https://fmx.cpa.state.tx.us/fmx/legis/fundcons/index.php

  3. Funds and Accounts Created HB 6 The following funds and accounts were exempted by HB 6: GR Account • HB 2302 Statewide Electronic Filing System Account (5157) Funds • HB 4 & HJR 1 State Water Implementation and State Water Implementation Revenue Funds (0361 & 0362)-Pending Nov. Election • HB 7 License Plate Trust Fund (0802) • HB 3509 Habitat Protection and Research Fund VETOED • SB 1158 Permanent Fund Supporting Military and Veterans Exemptions (0210) • SB 1214 Texas Economic Development Fund (0183) • SB 1747 Transportation Infrastructure Fund (0184)

  4. Funds and Accounts Created HB 6 Funds created outside the Treasury may be assigned a number (D22) in USAS depending on enacting language. • SB 201 Governor's Mansion Renewal Trust (0804) • SB 748 Incremental Hotel-Associated Revenue Suspense Account (0805) • SB 1815 Glenda Dawson Donate Life - Texas Registry Fund (0801) • SB 1367 Texas Health Insurance Pool Account- no number • SB 1836 Texas Home Visiting Program Trust (0803)

  5. Funds and Accounts Abolished • HB 7 GR Account 0101 Alternative Fuels Research and Education and GR-D license plate accounts. • HB 595 GR Account 5102 Tertiary Care • HB 1061 & HJR 79 State Medical Education Fund • SB 215 GRAccount 5079 Technology Workforce Development

  6. House Bill 7 Section 2 of HB 7 requires interest earned on certain General Revenue-dedicated accounts be deposited to General Revenue Fund 0001. https://fmx.cpa.state.tx.us/fmx/legis/hb7/index.php Applies to a GR account, any part of which, can be used for certification. • A few exceptions such as GR Acct 5025, Lottery.

  7. House Bill 7 Exceptions listed in the bill are: • Higher Ed. • Accounts where diversion of interest, earned on federal amounts, is prohibited by federal law. • GR Account 0544 – Lifetime License Endowment. • GR Account 0009 – Game, Fish, and Water Safety. Notan exemption: • No balance used for certification for this biennium. • Previous exemption from Gov’t Code 403.095. • Statutory language requiring interest deposited to account. • Federal funds deposited to account.

  8. House Bill 7 License Plates Section 15 abolishes General Revenue-dedicated license plate accounts under Transp. Code Ch. 504, Subchapter G. Moves plate revenue and balances to individual accounts (D23) in a new a trust fund (0802) outside GR. • All revenue moves Sept 1, 2013. • Abolished accounts by Sept 30, 2013. • Funds (non-GR) not affected. https://fmx.cpa.state.tx.us/fmx/approp/plates/index.php

  9. Abolished and New Agencies HB 1061 & HJR 79 Abolishes State Medical Education Board (Admin by THECB). SB 220 Abolishes Firefighter’s Pension Commissioner and moves duties to Texas Emergency Services Retirement System (326) now created as an agency (in SB 1 fiscal size up). SB 1536 Abolishes the Adjutant General’s Dept. and establishes Texas Military Dept.

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