Did not become law. It stopped in the Senate's Finance Committee on February 23, 2011. The 2011 session has ended.
2011 Regular Session
Senate Bill 2255
Out-of-country wire transfers; impose a fee on, create the Border Fence Fund and deposit revenue into the fund.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO REQUIRE ENTITIES THAT TRANSMIT WIRE TRANSFERS TO COLLECT A FEE ON WIRE TRANSFERS TRANSMITTED TO LOCATIONS OUTSIDE THE UNITED STATES; TO REQUIRE THE FEES SO COLLECTED TO BE TRANSMITTED TO THE DEPARTMENT OF REVENUE NOT LATER THAT THE FIFTEENTH DAY OF THE MONTH FOLLOWING THE CLOSE OF EACH CALENDAR QUARTER; TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE KNOWN AS THE BORDER FENCE FUND AND TO REQUIRE REVENUE COLLECTED AS A RESULT TO THE WIRE TRANSFER FEE TO BE DEPOSITED TO THE CREDIT OF THE FUND; TO PROVIDE THAT MONEY IN THE FUND SHALL BE USED FOR THE PURPOSE OF ASSISTING IN THE CONSTRUCTION OF A FENCE ALONG THE BORDER BETWEEN THE UNITED STATES AND MEXICO; TO PROVIDE THAT A TAXPAYER SHALL BE ALLOWED AN INCOME TAX CREDIT IN AN AMOUNT EQUAL TO THE WIRE TRANSFER FEES PAID BY THE TAXPAYER; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 10 to February 23, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the SenateJan 10 to Feb 23 · stopped44 days
Judiciary, Division AJan 10 to Feb 122 days
FinanceFeb 1 to Feb 23 · stopped22 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the Senate Jan 10 – Feb 23
- Jan 10Referred to the Senate committees on Judiciary, Division A and on Finance
- Feb 1Reported as a committee substitute from JA to FI in the Senate: title sufficient, do pass
- Feb 23Died in committee in the Senate
All 3 actions, as published
- Jan 10Referred To Judiciary, Division A;FinanceSenate
- Feb 1DR - TSDPCS: JA To FISenate
- Feb 23Died In CommitteeSenate