| |
| |
|
|
A JOINT RESOLUTION
|
|
|
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." |