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Legislative Year: 2024 Change
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Bill Detail: HB24-1413

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Title Severance Tax Transfers
Status Sent to the Governor (05/15/2024)
Bill Subjects
  • State Revenue & Budget
House Sponsors S. Bird (D)
R. Taggart (R)
Senate Sponsors J. Bridges (D)
B. Kirkmeyer (R)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 03/25/2024
Summary

Joint Budget Committee. Under existing law, the general
assembly may annually appropriate up to $450,000 from the severance tax
operational fund to the conservation district grant fund. The bill increases
the maximum amount to $700,000.
The bill makes the following one-time transfers:
  • $18,259,805 from the severance tax operational fund to the
general fund on June 30, 2025;
  • $26,086,559 from the severance tax perpetual base fund to
the general fund on July 1, 2024; and
  • $25 million from the local government severance tax fund
to the general fund on July 1, 2024.
The bill appropriates $250,000 from the severance tax operational
fund to the department of agriculture.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (03/26/2024) (most recent)  
Additional Bill Documents Bill Documents
Including:
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
 
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Audio [This feature is available by subscription.]  
Votes House and Senate Votes
Vote Totals Vote Totals by Party
 
 
 
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