S.B. No. 1243
                                        AN ACT
    1-1  relating to the receipt, management, and expenditure of funds in
    1-2  the state treasury and the petroleum storage tank remediation fund.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Section 403.092, Government Code, is amended to
    1-5  read as follows:
    1-6        Sec. 403.092.  TEMPORARY TRANSFER OF SURPLUS AND OTHER CASH.
    1-7  (a)  To allow efficient management of the cash flow of the general
    1-8  revenue fund and to avoid temporary cash deficiency in that fund,
    1-9  the comptroller, with the consent of the state treasurer, may
   1-10  transfer surplus cash, except constitutionally dedicated revenues,
   1-11  between funds in the state treasury.  As soon as practicable the
   1-12  comptroller shall return the surplus cash to the fund from which it
   1-13  was transferred.  The comptroller shall preserve the fund equity
   1-14  and the state treasurer shall allocate the depository interest as
   1-15  if the transfer had not been made.
   1-16        (b)  If the comptroller submits a statement under Article
   1-17  III, Section 49a, of the Texas Constitution when surplus cash
   1-18  transferred under Subsection (a) <this section> is in the general
   1-19  revenue fund, the comptroller shall indicate in that statement that
   1-20  the transferred surplus cash is in the general revenue fund, is a
   1-21  liability of that fund, and is not available for appropriation by
   1-22  the legislature.
   1-23        (c)(1)  The comptroller may temporarily transfer cash from
    2-1  the general revenue fund to the petroleum storage tank remediation
    2-2  fund during the 1994-1995 biennium for the purpose of paying
    2-3  reimbursement claims against that fund and for paying the necessary
    2-4  expenses associated with the administration of that fund.  The
    2-5  amount of cash to be transferred shall not exceed $120 million.
    2-6  The transfer shall be made on September 1, 1993, or as soon as
    2-7  practicable thereafter.
    2-8              (2)  Notwithstanding other law, fees collected under
    2-9  Section 26.3574, Water Code, shall be deposited to the credit of
   2-10  the general revenue fund until the amount of the fee collections so
   2-11  deposited to the credit of the general revenue fund equals the
   2-12  amount of the temporary cash transfer authorized in Subdivision
   2-13  (1).  Fees collected in excess of the amount required by this
   2-14  subdivision shall be deposited to the credit of the petroleum
   2-15  storage tank remediation fund.
   2-16              (3)  The amount transferred under Subdivision (1) is a
   2-17  receivable of the general revenue fund for the purpose of
   2-18  statements that the comptroller submits under Article III, Section
   2-19  49a, of the Texas Constitution.  The transferred amount is
   2-20  available for appropriation by the legislature.
   2-21              (4)  This subsection expires on the latter of
   2-22  August 31, 1995, or the date of full repayment to the general
   2-23  revenue fund of the amount required under Subdivision (2).
   2-24        SECTION 2.  Section 26.3573, Water Code, is amended by
   2-25  amending Subsections (b), (d), and (g) and by adding Subsection (p)
    3-1  to read as follows:
    3-2        (b)  The petroleum storage tank remediation fund consists of
    3-3  money from:
    3-4              (1)  fees charged under Section 26.3574 of this code;
    3-5              (2)  the interest and penalties for the late payment of
    3-6  the fee charged under Section 26.3574 of this code; <and>
    3-7              (3)  funds received from cost recovery for corrective
    3-8  action and enforcement actions concerning petroleum storage tanks
    3-9  as provided by this subchapter; and
   3-10              (4)  temporary cash transfers and other transfers from
   3-11  the general revenue fund authorized by Section 403.092(c),
   3-12  Government Code.
   3-13        (d)  The commission may use the money in the petroleum
   3-14  storage tank remediation fund to pay:
   3-15              (1)  necessary expenses associated with the
   3-16  administration of the petroleum storage tank remediation fund and
   3-17  the groundwater protection cleanup program, not to exceed an amount
   3-18  equal to five <three> percent of the gross receipts of that fund,
   3-19  provided that the increment between two and three percent of the
   3-20  gross receipts may be used only to pay administrative expenses
   3-21  associated with regulating petroleum storage tanks, reimbursing
   3-22  eligible owners and operators, and disposing of contaminated soils,
   3-23  and further provided that the increment between three and five
   3-24  percent of the gross receipts may be used only to pay
   3-25  administrative expenses associated with conducting claims audits in
    4-1  accordance with Section 26.35735 of this code, reimbursing eligible
    4-2  owners and operators, and disposing of contaminated soils;
    4-3              (2)  expenses associated with investigation, cleanup,
    4-4  or corrective action measures performed in response to a release or
    4-5  threatened release from a petroleum storage tank, whether those
    4-6  expenses are incurred by the commission or pursuant to a contract
    4-7  between a contractor and an eligible owner or operator as
    4-8  authorized by this subchapter; and
    4-9              (3)  subject to the conditions of Subsection (e) of
   4-10  this section, expenses associated with investigation, cleanup, or
   4-11  corrective action measures performed in response to a release or
   4-12  threatened release of hydraulic fluid or spent oil from hydraulic
   4-13  lift systems or tanks located at a vehicle service and fueling
   4-14  facility and used as part of the operations of that facility.
   4-15        (g)  The commission shall administer the petroleum storage
   4-16  tank remediation fund and by rule adopt guidelines and procedures
   4-17  for the use of and eligibility for that fund, subject to the
   4-18  availability of money in that fund, as the commission finds
   4-19  necessary to:
   4-20              (1)  make the most efficient use of the money
   4-21  available, including:
   4-22                    (A)  establishing priorities for payments from
   4-23  the fund; and
   4-24                    (B)  suspending payments from the fund; and
   4-25              (2)  provide the most effective protection to the
    5-1  environment and provide for the public health and safety.
    5-2        (p)  An owner or operator shall not be entitled to, nor shall
    5-3  be paid, interest on any claim for payment from the petroleum
    5-4  storage tank remediation fund.
    5-5        SECTION 3.  Subchapter I, Chapter 26, Water Code, is amended
    5-6  by adding Section 26.35735 to read as follows:
    5-7        Sec. 26.35735.  CLAIMS AUDIT.  (a)  The commission annually
    5-8  shall audit claims for payment from the petroleum storage tank
    5-9  remediation fund.
   5-10        (b)  The commission shall conduct the audit in accordance
   5-11  with generally accepted accounting standards as prescribed by the
   5-12  American Institute of Certified Public Accountants, the
   5-13  Governmental Accounting Standards Board, the United States General
   5-14  Accounting Office, or other professionally recognized entities that
   5-15  prescribe auditing standards.
   5-16        (c)  The commission may use generally recognized sampling
   5-17  techniques to audit claims if the commission determines that the
   5-18  use of those techniques would be cost-effective and would promote
   5-19  greater efficiency in administering claims for payment from the
   5-20  petroleum storage tank remediation fund.
   5-21        (d)  The commission may adopt rules necessary to implement
   5-22  this section.
   5-23        SECTION 4.  This Act takes effect September 1, 1993.
   5-24        SECTION 5.  The importance of this legislation and the
   5-25  crowded condition of the calendars in both houses create an
    6-1  emergency and an imperative public necessity that the
    6-2  constitutional rule requiring bills to be read on three several
    6-3  days in each house be suspended, and this rule is hereby suspended.