By: Nichols S.B. No. 1232     (Canales)           A BILL TO BE ENTITLED   AN ACT   relating to the determination of the sufficient balance of the   economic stabilization fund for the purpose of allocating general   revenue to that fund and the state highway fund.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 316.092(b), Government Code, is amended   to read as follows:          (b)  This section expires December 31, 2042 [2034].          SECTION 2.  Sections 316.093(c) and (d), Government Code,   are amended to read as follows:          (c)  For the purposes of Section 49-g(c-2), Article III,   Texas Constitution, the comptroller shall adjust the allocation   provided by Section 49-g(c-1) of that article of amounts to be   transferred to the fund and to the state highway fund under Section   49-g(c) of that article in a state fiscal year beginning on or after   September 1, 2043 [2035], so that the total of those amounts is   transferred to the economic stabilization fund, except that the   comptroller shall reduce a transfer made under this subsection as   necessary to prevent the amount in the fund from exceeding the limit   in effect for that biennium under Section 49-g(g) of that article.          (d)  Subsections (a) and (b) and this subsection expire   December 31, 2042 [2034].          SECTION 3.  This Act takes effect September 1, 2023.