1210 San Antonio Street, Austin, Texas 78701 . Get the Android Weather app from Google Play, Sign Up for Daily News & Breaking News Newsletters, Sign up for Digging Deep: Inside KXAN Investigates newsletter. Additional filters are available in search. (3) paying the principal, interest, and sinking fund requirements maturing during the fiscal year on bonds, warrants, or other legal obligations incurred to finance activities described in Subdivisions (1) and (2). Email: 214 (S.B. Sept. 1, 1995. WebGeneral Revenue-Dedicated in Context The appropriated All Funds budget for the current (2012-13) biennium is $173.5 billion General Revenue Dedicated Funds $6,380 4% Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts). If a survey is made, its results shall be substituted for the corresponding government information to be used under Subsection (b)(3). Do you value our journalism? It is simply not possible by building more and more roads, Bhat said. The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. (b) Money in the fund may be appropriated only to the department for the purposes of this subchapter. (d) A county official or employee shall provide to the comptroller on request any information necessary to determine the legality of the use of money allocated under Section 256.002. At least three Texas-based abortion funding groups announced their decisions to resume funding out-of-state abortions for Texans, including travel expenses, while the procedure remains illegal in t The road to passage was fraught with intraparty debate among Democrats, with some opposing it in an attempt to get leverage for a more socially progressive bill. (c) The comptroller may distribute money under Section 256.002(a) to a county only if the most recent report required by Subsection (a) has been filed. A reference in Chapter 257 or in Chapter 1471, Government Code, to ad valorem taxes applies to a tax levied by the commissioners court under this section on a basis other than the ad valorem basis. USE OF REVENUES FROM COUNTY AND ROAD DISTRICT HIGHWAY FUND. Once we determine how these federal dollars can be used, they will add to the significant $500 million investment the Texas Legislature made in broadband earlier this year, Conte said. But hes not sure its enough. Sec. He has a very strong research background and has soundunderstanding of the fund management business.d) Principal Tax Savings Funde) Principal Equity Savings Fund (Equity Portion)Mr. Anirvan Sarkar Dedicated fund manager for foreign investments October 19, 2020 Managing the Fund since 1 YearFund Manager35 Years/ PGDCM from IIM CalcuttaHe has over 9 years of experience in sell side and buy side research. Money in the fund may be used only for flood control purposes in the county and political subdivisions of the county, including: (1) any soil conservation activity such as contouring, terracing, or tank building; or. PERIOD FOR SPENDING GRANT. The group also said in its post that it had pivoted its funding to non-abortion reproductive healthcare, such as contraceptives. All but 13 Republicans in the U.S. House pushed back on the proposal, largely saying it was bloated and dedicated funds to unnecessary priorities. This fund would help keep water in our rivers, lakes, streams, and bays, and help ensure we have clean water for our communities to drink in the future. To review your email preferences, please visit nature.org/emailpreferences. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. Some of these taxes and Its not often we get to share joyous and exciting news, so please enjoy this feeling with us, the group posted on Twitter. Affiliated Fund means, with respect to a Holder that is a limited liability company or a limited liability partnership, a fund or entity managed by the same manager or managing member or general partner or management company or by an entity controlling, controlled by, or under common control with such manager or managing member or general partner or management company; Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. September 1, 2013. Sept. 1, 1995. The decisions came after U.S. District Judge Robert Pitman ruled in February that Texas cannot enforce its ban on out-of-state abortions and that abortion funds are likely safe from prosecution, according to The Texas Tribune. New initiative allows businesses to receive up to $500,000 for training. (d) Plans for an improvement constructed with money from the fund must be approved by the county and, if applicable, the affected political subdivision. Control Investment Affiliate as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies. Managed Fund means those Funds, individually and collectively, for which the Portfolio Manager makes buy and sell decisions. (b) Grants distributed during a fiscal year must be allocated among counties as follows: (1) 10 percent according to weight tolerance permits, determined by the ratio of weight tolerance permits issued in the preceding fiscal year for the county to the total number of weight tolerance permits issued in the state in that fiscal year, as determined by the Texas Department of Motor Vehicles; (2) 20 percent according to oil and gas production taxes, determined by the ratio of oil and gas production taxes collected by the comptroller in the preceding fiscal year in the county to the total amount of oil and gas production taxes collected in the state in that fiscal year, as determined by the comptroller; (3) 45 percent according to horizontal well completions, determined by the ratio of horizontal well completions in the preceding fiscal year in the county to the total number of horizontal well completions in the state in that fiscal year, as determined by the Railroad Commission of Texas; (4) 10 percent according to the volume of oil and gas waste injected, determined by the ratio of the volume of oil and gas waste injected in the preceding fiscal year in the county to the total volume of oil and gas waste injected in the state in that fiscal year, as determined by the Railroad Commission of Texas; and. Segregated funds means the amount of benefits that would. Otherwise, the court may impose the tax at any time before the tax roll is made out. Email: 1310, Sec. Sec. (b) The report must be in a form prescribed by the comptroller. We don't have the real estate. DEDICATED FUNDS RELATED TO THE PUBLIC GENEROSITYPART 4 - CER, THE INCOME AND EXPENDITURE ACCOUNT, 2019. Houston Mayor Sylvester Turner said his city and others throughout the state will immediately reap rewards from this investment into infrastructure once funds are earmarked for specific projects. 2023 already off to a record start at Austin airport, Do Not Sell or Share My Personal Information. There has to be other means of trying to address how to move people reliably and efficiently.. Segregated funds means the amount of benefits that would. WebDedicated fund. Approved Fund means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. Acts 2021, 87th Leg., R.S., Ch. We are united by one common goal: to protect and expand access to Texas natural areas, green spaces, and iconic landscapes for the next generation.. (b) The taxes shall be imposed in the manner provided by Sections 51.502 through 51.506, Water Code. HJR 138 would establish a dedicated fund for conservation. Amended by Acts 2003, 78th Leg., ch. Texas Equal Access Fund announced their return in a March 24 post, as well as a promise to fund every request through June 24, which is the anniversary of the Dobbs ruling. 256.001. 8.374, eff. USE OF FLOOD CONTROL FUND. 165, Sec. Sept. 1, 2001. Furthermore, the survey experiment did not ask respondents specific questions about the asylum seeker in their vignette, perhaps weakening the effect of the different types of asylum seekers and claims. Perhaps it goes without saying but producing quality journalism isn't cheap. (d) In addition to the notice of the election required by Section 4.003, Election Code, the county judge shall post a copy of the election order at a public place in each county election precinct not later than the 14th day before the date of the election. | The Texas House Committee on Natural Resources heard testimony this week on two bills, HB 3165 and HJR 138, which would create the Texas Land and Water Conservation Fund. USE OF FARM-TO-MARKET AND LATERAL ROAD FUND. Rev. It certainly will help people in our respective cities throughout the state of Texas and throughout this country. (3) award the contract to the lowest responsible bidder. Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Dozens of wildlife, water resource, agriculture, conservation, and outdoor recreation advocates registered their support for both bills, with a number of members of the Texas Land and Water Conservation Coalition testifying on behalf of the bill. As a nonprofit newsroom, we rely on members to help keep our stories free and our events open to the public. From the IG Report, for the 2020 Budget: The IG budget increased by 3.3%. The SEC budget decreased by ~75% due to decreased cost of payments to Commissioners. The reversion of the budget was $11,700. Reserve reduced to 1% (was previously 2%). Dedicated fund has shifted so that now conferences hosted by the IGs office are free to attend. The Nature Conservancy in Texas While you may associate Burts Bees with lip balm, the brand has expanded into baby items that range from pajamas to bedding to bibs to shampoo. 1747), Sec. Internally Generated Funds means any amount generated by the Borrower and its Restricted Subsidiaries and not representing (a) the issuance by such Persons of Stock or capital contributions made in respect of the Stock of such Persons, (b) a reinvestment by the Borrower or any of its Restricted Subsidiaries of any proceeds of a Permitted Disposition or Casualty Event, (c) the proceeds of any issuance of Debt of the Borrower or any Restricted Subsidiary (other than Debt under any revolving credit facility) and (d) any credit received by the Borrower or any Restricted Subsidiary with respect to any trade in of property for substantially similar property or any like kind exchange of assets. Sec. In addition to the need for maintenance for roads and bridges, Turner said there is room for innovation and safeguarding against future problems with the incoming funds. December 31, 2017. He pointed to projects like Project Connect in Austin and MetroNext in Houston as examples of the types of initiatives that should receive increased investment. 1, eff. (B) received from any award under Subchapter C; (3) any other information related to the administration of Sections 256.002 and 256.003 that the comptroller requires; and. Funding decisions can be made in about 2-hours (during Greg Conte, Texas Broadband Development Office director, said his office is looking into how the funds will be used to help bring reliable, high-speed internet to every corner of Texas.. 256.002. HB 3165 creates a governing board that would be led by the General Land Office and include Texas Commission on Environmental Quality, Texas Parks and Wildlife Department, Texas Most of it was wasteful spending on Green New Deal issues but more importantly in the House its linked to the tax hikes and the spending hikes which is so dangerous, I think, to our country.. Sec. 256.101. For purposes of this definition, control of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise. Sept. 1, 2001. COUNTY, PRECINCT, AND ROAD DISTRICT BOND TAXES. WHY DEDICATED FUNDS ARE NECESSARYFrom the beginning of the American conservation movement, dedicated funds have been a key means of financing hunting, fishing and outdoor recreation programs.Governments use them to address their constituents needs or wishes without tapping general revenue funds. Articles. Honorable Larry Gallardo . The influx of capital is set to advance existing transit plans, pay for much-needed repairs and could lay the groundwork toward increasing transportation options for Texans. Students Suffer. Pledged Funds means all of the Series Pledged Funds. (3) "Weight tolerance permit" means a permit issued under Chapter 623 authorizing a vehicle to exceed maximum legal weight limitations. Kaufman referenced the departments Unified Transportation Program, a document that began in 2015 outlining priorities over the next decade. Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure; Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a controlled partnership. 256.006. We support roads and bridges, we dont support roads and taxes and spending that really drive down this economy, U.S. Rep. Kevin Brady, R-The Woodlands, told The National Desk. 1, eff. Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies. by Reese Oxner HJR 138 would place the fund on the November ballot, allowing Texas voters to dedicate these funds to protect and preserve the Texas landscape. (b) In advertising for bids under Subsection (a), a county shall prepare a request for competitive bids that includes construction documents, estimated budget, project scope, estimated project completion date, and other information that a bidder may require to submit a bid. WebWhether through research, activism, or community involvement, I'm dedicated to fostering a more just and sustainable future. The funds expected to come to Texas were determined by the White House through the bills state allotment formula. Registration b2'pdh5=T;#SP DISTRIBUTION OF COUNTY AND ROAD DISTRICT HIGHWAY FUND. 121(29). Texans right now are navigating a really burdensome environment to try to access abortion care, being forced to travel, being forced to leave home in order to access essential health care, Parker said. 256.054. Dedications, funds or accounts previously exempted from former Texas Government Code, Section 403.094 (h), increases in fees or other revenue covered With our states population booming, funding for transportation is as vital as ever.. Sec. Dedicated fund: Funds are held, managed, and disbursed through a structure that is separate from the national budget. We need these working lands to serve as refuges for fish and wildlife., The Land and Water Conservation Fund provides a unique opportunity to make great strides in the conservation and preservation of water resources across our great state, said Suzanne Scott, the Texas State Director for The Nature Conservancy. The county shall pay the costs of providing the assistance. Some of these lands have been passed down for generations, and oftentimes families do struggle to pay estate taxes and preserve ownership during transfers. WebDEDICATED FUNDS means equity capital contributed by UC Holdings and specifically reserved by the Company for the express purpose of consummating the MPM 1, eff. Ann. Ineligible Assignee means (a) the Borrower or any of its Affiliates or Subsidiaries, (b) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (b), (c) any Person that is engaged directly in the business of (i) the mining, production, washing, refinement, preparation, sale, marketing or transportation of coal or (ii) leasing coal reserves or other interests in minerals or mineral rights to entities engaged in the mining, production, sale or marketing of coal, and any subsidiary of such Person, (d) a natural person or (e) a company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural person or relative(s) thereof; provided that, such company, investment vehicle or trust shall not constitute an Ineligible Assignee if it (i) has not been established for the primary purpose of acquiring any Advances or Commitments, (ii) is managed by a professional advisor, who is not such natural person or a relative thereof, having significant experience in the business of making or purchasing commercial loans and (iii) has assets greater than $100,000,000 and a significant part of its activities consist of making or purchasing commercial loans and similar extensions of credit in the ordinary course of its business. (g) The commissioners court of a county that adopts a tax as provided by this section may issue negotiable county bonds or county time warrants for the construction or improvement of farm-to-market and lateral roads or the construction of permanent improvements for flood control purposes if the bonds or warrants are authorized by a majority of the votes received in an election ordered by the commissioners court. TRANSPORTATION INFRASTRUCTURE FUND. But for public transportation thats where I think its way short for what we might need to go with the population booming the way its been.. (2) consult related transportation planning documents to improve project efficiency and work effectively in partnership with counties. 256.103. Sec. DEDICATED FUNDS REALIGNMENT Investors in the offering include existing shareholders and several additional new institutional investors. Its return to abortion access will not stop that contraceptives work, the post stated. 256.004. (c) Repealed by Acts 2003, 78th Leg., ch. The order must specify the maximum rate of the tax to be voted on. 1420, Sec. @;#ll 0 E 165, Sec. | Austin, Texas, Claire Everett (b) All or part of the money in the fund may be used in cooperation with the department in acquiring rights-of-way and in constructing and maintaining farm-to-market and lateral roads. endstream endobj 3085 0 obj <. (a) The commissioners court of a county may order and conduct an election to repeal a tax adopted under Section 256.052 in the manner provided for an election to adopt the tax. 256.008. (b) Money in the fund may be spent only by order of the commissioners court of the county. 256.105. (a) The department shall develop policies and procedures to administer a grant program under this subchapter to make grants to counties only for transportation infrastructure projects located in areas of the state affected by increased oil and gas production. This material may not be published, broadcast, rewritten, or redistributed. (b) A county that the department determines to be economically disadvantaged must provide matching funds in an amount equal to at least 10 percent of the amount of the grant. 30:2418, and any other provisions of law authorizing the department to assess fees (Per R.S. He also emphasized the importance of investment into Texas electrical grid, nodding to the fact that his constituents are seeking more stability following the widespread outages during Februarys winter storm. FUNDS USED FOR COUNTY ROADS; GENERAL PROVISIONS. Acts 2021, 87th Leg., R.S., Ch. Sec. Swanson@SarverStrategies.com, Jenifer Sarver (d) The commissioners court shall set the rate of the tax in the election order. 1, eff. Lilith Funds Communications Director Cristina Parker noted that the fund does not cover travel expenses as part of its abortion funding, but it does work with other funds to cover those expenses. 4, eff. If you have any questions, please contact Ted Diers of DES at (603)271-3289 or ted.diers@des.nh.gov.GAMES FOR CHARITY STUDY COMMISSION (RSA 284:6-B), Walker Building, Room 100, 21 FruitStreet, Concord10:00 a.m. If the election is held in time, in the year of the election the court shall impose the tax at the same time as other county taxes. 1420, Sec. Sec. As used in this definition, the term control of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise. If a greater rate is not imposed for a year, the court may lower the rate for the next year without a petition for that action. Webtwo sections: funds by county office and funds dedicated to a particular purpose. While we do not specifically know which projects will get the additional funding yet, it's likely we could move forward projects already in various phases of development in our ten-year planning document. What is the current COVID risk in your county? December 31, 2017. (c) Except as otherwise provided by this subsection, the department shall review a grant application before the 31st day after the date the department receives the application. Sec. (b) If the voters at an election held under Section 256.054 approved separately a farm-to-market and lateral road tax and a flood control tax, the court shall credit the taxes collected to those funds in proportion to the allocation adopted at the election. 1, eff. Civ. HB 3165 creates a One of the really important things about this bill is that it's gonna help spur economic investment. 256.051. (e) The county judge shall issue an election proclamation. (b) A petition requesting an election to repeal the tax may not be granted on or before the second anniversary of the date of the election at which the tax is adopted. 1310, Sec. For purposes of this definition, control of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise. The court may adopt the order only at a regular session of the court. Investment Affiliate means any Person in which the Consolidated Group, directly or indirectly, has a ten percent (10%) or greater ownership interest, whose financial results are not consolidated under GAAP with the financial results of the Consolidated Group. Excluded Entity means each of the Hong Kong Disneyland Entities, the Shanghai Project Entities and the Specified Project Entities. Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser. 165, Sec. Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. A grant awarded under this subchapter must be spent not later than the fifth anniversary of the date of the award. Stayed Funds If the Master Servicer is the subject of a proceeding under the federal Bankruptcy Code and the making of a Remittance (as defined in Section 7.02(b)) is prohibited by Section 362 of the federal Bankruptcy Code, funds that are in the custody of the Master Servicer, a trustee in bankruptcy or a federal bankruptcy court and should have been the subject of such Remittance absent such prohibition. When searching for bills about dedicated funds on Texas Legislature Online, use the subject "State Finances--Management & Control (I0748)." Here is the breakdown of the funds that Texas is expected to receive based on estimates from the White House: The White House also estimated that $3.5 billion will be invested to weatherize the countrys energy infrastructure, but it wasnt immediately clear how much of that money would go to Texas or how those plans could combine with measures approved by the Texas Legislature this year in response to Februarys devastating winter storm. It's a big deal. (2) "Transportation infrastructure project" means the planning for, construction of, reconstruction of, or maintenance of transportation infrastructure, including roads, bridges, and culverts, intended to alleviate degradation caused by the exploration, development, or production of oil or gas. A vegetable chopper significantly cuts down on prep time, so you can get more veggies in your meals without it taking hours to get dinner on the table. (a) The farm-to-market and lateral road fund of a county is under the jurisdiction and control of the commissioners court. Regular meeting.JOINT COMMITTEE ON DEDICATED FUNDS (RSA 6:12-i), Room 202, LOB1:00 p.m. ACTION : STUDY THE INTRODUCTION IN EUROPE OF DEDICATED FUNDS TO SUPPORT DIRECTLY THE EFFORTS FROM EUROPEAN MARITIME TECHNOLOGY COMPANIES.Such study should improve the greening of shipping (both existing ships and newbuilt vessels), without requiring these shipyards ormaritime equipment manufacturers and service providers to take any additional risks. (c) The money spent under Subsection (b) shall be used for a system of roads selected by the department after consultation with the commissioners courts of the counties to identify the most needed roads in the counties. DEFINITIONS. Controlled substances means a substance, including a drug and an immediate precursor listed in Schedules I through V of Subchapter A of the Texas Controlled Substances Act, Tex. (B) if the county received an award under Subchapter C, the money was spent; (2) a description, including location, of any new roads constructed in whole or in part with the money: (A) allocated to a county under Section 256.002 during the preceding year; and. TRANSPORTATION INFRASTRUCTURE FUND. Funds are repeated wherever applicable; for example, the forfeiture fund applies to both the county attorney and the district attorney and therefore appears under both offices. Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. (c) The commissioners court shall order an election to adopt the tax if it receives a petition requesting the election that is signed by: (1) at least 200 registered voters of the county, if the petition requests an election to approve a tax for the county; or. 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