HB5647 - Relating to a one-time cash payment to certain residents of this state.

  89R12023 CS-D     By: Plesa H.B. No. 5647       A BILL TO BE ENTITLED   AN ACT   relating to a one-time cash payment to certain residents of this   state.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  (a)  The comptroller of public accounts shall   make a one-time payment of $500 to each eligible resident of this   state, as provided by this section.          (b)  For purposes of this section, an individual is eligible   to receive a payment under this section only if the individual:                (1)  is 18 years of age or older;                (2)  resides in and is lawfully present in the state;   and                (3)  is not incarcerated at the time of applying.          (c)  An individual must apply to the comptroller to receive a   payment under this section. The comptroller by rule shall adopt an   application form and a process to verify information:                (1)  attesting an applicant's eligibility for the   payment; and                (2)  necessary for the applicant to receive the   payment.          (d)  An amount, estimated not to exceed $15 billion, is   appropriated from the economic stabilization fund to the   comptroller for the state fiscal biennium beginning September 1,   2025, to provide a payment under this section to each eligible   resident of this state and to pay costs incurred in facilitating the   payments.          SECTION 2.  This Act takes effect September 1, 2025, but only   if this Act is approved by a vote of two-thirds of the members   present in each house of the legislature, as provided by Section   49-g(m), Article III, Texas Constitution.  If this Act is not   approved by the required vote, this Act has no effect.