1-1 By: Junell, Martin, McDonald H.B. No. 1011 1-2 (Senate Sponsor - Armbrister) 1-3 (In the Senate - Received from the House March 10, 1993; 1-4 March 11, 1993, read first time and referred to Committee on State 1-5 Affairs; May 10, 1993, reported favorably by the following vote: 1-6 Yeas 8, Nays 2; May 10, 1993, sent to printer.) 1-7 COMMITTEE VOTE 1-8 Yea Nay PNV Absent 1-9 Harris of Dallas x 1-10 Rosson x 1-11 Carriker x 1-12 Henderson x 1-13 Leedom x 1-14 Lucio x 1-15 Luna x 1-16 Nelson x 1-17 Patterson x 1-18 Shelley x 1-19 Sibley x 1-20 West x 1-21 Whitmire x 1-22 A BILL TO BE ENTITLED 1-23 AN ACT 1-24 relating to reimbursement of the general revenue fund from the 1-25 Texas Racing Commission fund. 1-26 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-27 SECTION 1. Section 3.09(b), Texas Racing Act (Article 179e, 1-28 Vernon's Texas Civil Statutes), is amended to read as follows: 1-29 (b) The commission shall deposit the money it collects under 1-30 this Act in the State Treasury to the credit of a special fund to 1-31 be known as the Texas Racing Commission fund. The Texas Racing 1-32 Commission fund may be appropriated only for the administration and 1-33 enforcement of this Act. Any unappropriated money remaining in 1-34 that special fund at the close of each fiscal biennium shall be 1-35 transferred to the General Revenue Fund and may be appropriated for 1-36 any legal purpose. The legislature may also appropriate money from 1-37 the General Revenue Fund for the administration and enforcement of 1-38 this Act. Any amount of general revenue appropriated for the 1-39 administration and enforcement of this Act in excess of the 1-40 cumulative amount deposited in the Texas Racing Commission fund 1-41 shall be reimbursed from the Texas Racing Commission fund not later 1-42 than one year after the date on which the general revenue funds are 1-43 appropriated, with 12 percent interest per year until August 31, 1-44 1993, and 6-3/4 percent interest thereafter with all payments first 1-45 attributable to interest. 1-46 SECTION 2. The importance of this legislation and the 1-47 crowded condition of the calendars in both houses create an 1-48 emergency and an imperative public necessity that the 1-49 constitutional rule requiring bills to be read on three several 1-50 days in each house be suspended, and this rule is hereby suspended, 1-51 and that this Act take effect and be in force from and after its 1-52 passage, and it is so enacted. 1-53 * * * * * 1-54 Austin, 1-55 Texas 1-56 May 10, 1993 1-57 Hon. Bob Bullock 1-58 President of the Senate 1-59 Sir: 1-60 We, your Committee on State Affairs to which was referred H.B. 1-61 No. 1011, have had the same under consideration, and I am 1-62 instructed to report it back to the Senate with the recommendation 1-63 that it do pass and be printed. 1-64 Harris of 1-65 Dallas, Chairman 1-66 * * * * * 1-67 WITNESSES 1-68 No witnesses appeared on H.B. No. 1011.