The bill, S.B. No. 45, proposes the dedication of federal funds received as reimbursement for border security costs to provide ad valorem tax relief in Texas. It amends the heading of Subchapter G, Chapter 403 of the Government Code to include "AND REVENUE DEDICATIONS" and introduces a new section, 403.108, which outlines the responsibilities of the comptroller. Specifically, the comptroller is required to determine the amount of federal reimbursement received for border security costs during the previous fiscal year and to deposit an equivalent amount into a designated account within the general revenue fund.

Furthermore, the bill stipulates that the funds in this account can only be appropriated by the legislature for the purpose of providing ad valorem tax relief. The provisions of this act will take effect starting with the state fiscal year that begins on September 1, 2026, and will become effective 91 days after the conclusion of the legislative session.

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