Bill Text: TX SJR45 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Proposing a constitutional amendment to establish the Alamo preservation fund and make a one-time transfer of money from the economic stabilization fund to the Alamo preservation fund.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-03-18 - Referred to Natural Resources & Economic Development [SJR45 Detail]
Download: Texas-2015-SJR45-Introduced.html
84R9944 YDB-D | ||
By: Menéndez | S.J.R. No. 45 |
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proposing a constitutional amendment to establish the Alamo | ||
preservation fund and make a one-time transfer of money from the | ||
economic stabilization fund to the Alamo preservation fund. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Article III, Texas Constitution, is amended by | ||
adding Section 49-q to read as follows: | ||
Sec. 49-q. ALAMO PRESERVATION FUND. (a) The Alamo | ||
preservation fund is a special fund in the state treasury outside | ||
the general revenue fund. The comptroller shall credit to the Alamo | ||
preservation fund the interest on and other earnings of the fund. | ||
The legislature may appropriate money for deposit to the Alamo | ||
preservation fund and by general law may provide for money or other | ||
property to be deposited to the fund. | ||
(b) Money may be spent from the fund, without the necessity | ||
of legislative appropriation, as provided by general law and only | ||
for the restoration, preservation, maintenance, operation, and | ||
development of the Alamo and its surrounding property. | ||
SECTION 2. The following temporary provision is added to | ||
the Texas Constitution: | ||
TEMPORARY PROVISION. (a) This temporary provision applies | ||
to the constitutional amendment proposed by the 84th Legislature, | ||
Regular Session, 2015, to establish the Alamo preservation fund and | ||
make a one-time transfer of money from the economic stabilization | ||
fund to the Alamo preservation fund. | ||
(b) On January 1, 2016, the comptroller of public accounts | ||
shall transfer $250 million from the economic stabilization fund | ||
established under Section 49-g, Article III, Texas Constitution, to | ||
the Alamo preservation fund established under Section 49-q, Article | ||
III, Texas Constitution. | ||
(c) This temporary provision expires December 1, 2017. | ||
SECTION 3. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 3, 2015. | ||
The ballot shall be printed to provide for voting for or against the | ||
proposition: "The constitutional amendment to establish the Alamo | ||
preservation fund and make a one-time transfer of money from the | ||
economic stabilization fund to the Alamo preservation fund." |