H.B. No. 1011 1-1 AN ACT 1-2 relating to reimbursement of the general revenue fund from the 1-3 Texas Racing Commission fund. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 3.09(b), Texas Racing Act (Article 179e, 1-6 Vernon's Texas Civil Statutes), is amended to read as follows: 1-7 (b) The commission shall deposit the money it collects under 1-8 this Act in the State Treasury to the credit of a special fund to 1-9 be known as the Texas Racing Commission fund. The Texas Racing 1-10 Commission fund may be appropriated only for the administration and 1-11 enforcement of this Act. Any unappropriated money remaining in 1-12 that special fund at the close of each fiscal biennium shall be 1-13 transferred to the General Revenue Fund and may be appropriated for 1-14 any legal purpose. The legislature may also appropriate money from 1-15 the General Revenue Fund for the administration and enforcement of 1-16 this Act. Any amount of general revenue appropriated for the 1-17 administration and enforcement of this Act in excess of the 1-18 cumulative amount deposited in the Texas Racing Commission fund 1-19 shall be reimbursed from the Texas Racing Commission fund not later 1-20 than one year after the date on which the general revenue funds are 1-21 appropriated, with 12 percent interest per year until August 31, 1-22 1993, and 6-3/4 percent interest thereafter with all payments first 1-23 attributable to interest. 1-24 SECTION 2. The importance of this legislation and the 2-1 crowded condition of the calendars in both houses create an 2-2 emergency and an imperative public necessity that the 2-3 constitutional rule requiring bills to be read on three several 2-4 days in each house be suspended, and this rule is hereby suspended, 2-5 and that this Act take effect and be in force from and after its 2-6 passage, and it is so enacted.