88R19559 BEE-F
 
  By: Parker, et al. S.J.R. No. 74
 
  (Walle, Holland)
 
  Substitute the following for S.J.R. No. 74:  No.
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment providing for the creation of
  the centennial parks conservation fund.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Article III, Texas Constitution, is amended by
  adding Section 49-e-1 to read as follows:
         Sec. 49-e-1.  (a)  The centennial parks conservation fund is
  established as a trust fund outside the treasury.  In accordance
  with general law, the fund may be used only for the creation and
  improvement of state parks.
         (b)  The centennial parks conservation fund consists of:
               (1)  money appropriated to the fund;
               (2)  money transferred or deposited to the credit of
  the fund by general law;
               (3)  investment earnings and interest earned on amounts
  credited to the fund; and
               (4)  gifts, grants, and donations received for the
  fund.
         (c)  The legislature may appropriate money from the
  centennial parks conservation fund to the Parks and Wildlife
  Department or the department's successor in function for the
  purposes prescribed for the fund by this section and general law.
         (d)  For purposes of Section 22, Article VIII, of this
  constitution:
               (1)  money in the centennial parks conservation fund is
  dedicated by this constitution; and
               (2)  an appropriation of state tax revenues for the
  purpose of depositing money to the credit of the fund is treated as
  if it were an appropriation of revenues dedicated by this
  constitution.
         (d-1)  On January 1, 2024, the comptroller of public accounts
  shall transfer $1 billion of the unencumbered balance of the
  general revenue fund that exists on that date to the centennial
  parks conservation fund. This subsection expires December 31,
  2024.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 7, 2023.  
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment providing for the
  creation of the centennial parks conservation fund to be used for
  the creation and improvement of state parks."