Bill Text: TX HB1831 | 2017-2018 | 85th Legislature | Comm Sub
Bill Title: Relating to the Alamo complex account; making an appropriation.
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Introduced - Dead) 2017-05-06 - Committee report sent to Calendars [HB1831 Detail]
Download: Texas-2017-HB1831-Comm_Sub.html
85R8601 CJC-F | ||
By: Bernal, Cyrier, Rodriguez of Bexar, | H.B. No. 1831 | |
Gutierrez, et al. |
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relating to the Alamo complex account; making an appropriation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 403.0956, Government Code, is amended to | ||
read as follows: | ||
Sec. 403.0956. REALLOCATION OF INTEREST ACCRUED ON CERTAIN | ||
DEDICATED REVENUE. Notwithstanding any other law, all interest or | ||
other earnings that accrue on all revenue held in an account in the | ||
general revenue fund any part of which Section 403.095 makes | ||
available for certification under Section 403.121 are available for | ||
any general governmental purpose, and the comptroller shall deposit | ||
the interest and earnings to the credit of the general revenue | ||
fund. This section does not apply to: | ||
(1) interest or earnings on revenue deposited in | ||
accordance with Section 51.008, Education Code; | ||
(2) an account that accrues interest or other earnings | ||
on deposits of state or federal money the diversion of which is | ||
specifically excluded by federal law; | ||
(3) the lifetime license endowment account; | ||
(4) the game, fish, and water safety account; | ||
(5) the coastal protection account; or | ||
(6) [ |
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SECTION 2. Section 31.454(a), Natural Resources Code, is | ||
amended to read as follows: | ||
(a) The Alamo complex account is created as an account | ||
outside the state treasury. The land office shall administer the | ||
account [ |
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SECTION 3. Section 31.454(d), Natural Resources Code, is | ||
repealed. | ||
SECTION 4. The unencumbered balance of the Alamo complex | ||
account in the general revenue fund as that account exists | ||
immediately before the effective date of this Act is appropriated | ||
to the comptroller of public accounts for the period beginning on | ||
the effective date of this Act and ending August 31, 2018, for the | ||
purpose of depositing, as soon as practicable, the money to the | ||
credit of the Alamo complex account created outside the state | ||
treasury by Section 31.454(a), Natural Resources Code, as amended | ||
by this Act. | ||
SECTION 5. This Act takes effect September 1, 2017. |