79th Texas Legislature, Regular Session, House Joint Resolution 54 Page: 1 of 6
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H.J.R. No. 54
A JOINT RESOLUTION
1 proposing a constitutional amendment creating the Texas rail
2 relocation and improvement fund and authorizing grants of money and
3 issuance of obligations for financing the relocation,
4 construction, reconstruction, acquisition, improvement,
5 rehabilitation, and expansion of certain rail facilities.
6 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
7 SECTION 1. Article III, Texas Constitution, is amended by
8 adding Section 49-o to read as follows:
9 Sec. 49-o. (a) In this section:
10 (1) "Commission" means the Texas Transportation
11 Commission or its successor.
12 (2) "Comptroller" means the comptroller of public
13 accounts of the State of Texas.
14 (3) "Department" means the Texas Department of
15 Transportation or its successor.
16 (4) "Fund" means the Texas rail relocation and
17 improvement fund.
18 (5) "Improvement" includes construction,
19 reconstruction, acquisition, rehabilitation, and expansion.
20 (6) "Obligations" means bonds, notes, and other public
21 securities.
22 (b) The Texas rail relocation and improvement fund is
23 created in the state treasury. The fund shall be administered by
24 the commission to provide a method of financing the relocation and__ _
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Texas. Legislature. House of Representatives. 79th Texas Legislature, Regular Session, House Joint Resolution 54, legislative document, June 2005; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth157431/m1/1/: accessed April 25, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.