The bill, S.B. No. 2191, addresses the creation, re-creation, and management of funds and accounts within the state of Texas, specifically focusing on the dedication and rededication of revenue and the allocation of accrued interest on dedicated revenue. It establishes that all funds and accounts created or re-created by the 89th Legislature, Regular Session, 2025, will be abolished on August 31, 2025, unless specified otherwise. The bill outlines exceptions for previously exempt dedications, funds, and accounts, including those established before the 89th Legislature, trust funds, and funds created under federal law. It also clarifies that any interest accrued on certain dedicated revenues will be available for general governmental purposes.

Additionally, the bill amends existing legal provisions, including Sections 403.095 and 504.6012 of the Government and Transportation Codes, respectively. Notably, it changes the date for the availability of certain dedicated revenues for general governmental purposes from August 31, 2025, to August 31, 2027, and mandates the elimination of dedicated accounts for specialty license plates by September 30, 2025. The bill emphasizes that it prevails over any conflicting legislation from the 89th Legislature and outlines the effective date of the Act, which can be immediate or take effect 91 days after the legislative session, depending on the voting outcome.

Statutes affected:
Introduced: Government Code 403.095, Transportation Code 504.6012 (Government Code 403, Transportation Code 504)