FMX Update - SB 1588 Limits New Accounts, Funds and Revenue Dedications
Texas Comptroller of Public Accounts sent this bulletin at 07/27/2011 01:53 PM CDT
What's New on FMX
SB 1588 Limits New Accounts, Funds and Revenue Dedications
Senate Bill 1588, 82nd Legislature, Regular Session, continues the policy of the Legislature to phase in the consolidation of many dedicated funds into general revenue and contain the growth of newly created dedicated accounts. A summary of SB 1588 is available at Funds Consolidation: Limits on New General Revenue Accounts, Special Funds and Dedications of Revenue (FPP A.046).
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