Bill Text: TX HB3781 | 2017-2018 | 85th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the uses of the lifetime license endowment account by the Parks and Wildlife Department.
Spectrum: Bipartisan Bill
Status: (Passed) 2017-06-12 - Effective on 9/1/17 [HB3781 Detail]
Download: Texas-2017-HB3781-Introduced.html
Bill Title: Relating to the uses of the lifetime license endowment account by the Parks and Wildlife Department.
Spectrum: Bipartisan Bill
Status: (Passed) 2017-06-12 - Effective on 9/1/17 [HB3781 Detail]
Download: Texas-2017-HB3781-Introduced.html
85R10627 SLB-F | ||
By: Phelan | H.B. No. 3781 |
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relating to the uses of the lifetime license endowment account by | ||
the Parks and Wildlife Department. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.063, Parks and Wildlife Code, is | ||
amended to read as follows: | ||
Sec. 11.063. USES OF ACCOUNT. To the extent allowed by | ||
federal law, money in the lifetime license endowment fund and | ||
interest [ |
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account may be used only for the purpose of managing the fish and | ||
wildlife resources of this state, including [ |
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(1) acquiring [ |
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areas; [ |
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(2) developing, managing, and repairing [ |
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(3) making capital expenditures related to fisheries | ||
and wildlife resources, including: | ||
(A) land acquisition; | ||
(B) construction; and | ||
(C) the purchase of: | ||
(i) vehicles considered capital purchases | ||
under commission rule; | ||
(ii) equipment; and | ||
(iii) information technology resources. | ||
SECTION 2. Section 11.064, Parks and Wildlife Code, is | ||
amended to read as follows: | ||
Sec. 11.064. RESTRICTIONS. No expenditure [ |
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shall be made from the principal of the lifetime license endowment | ||
account if that expenditure would lower the unencumbered balance of | ||
the principal of the account below $20 million [ |
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SECTION 3. This Act takes effect September 1, 2017. |