By Craddick                                            H.B. No. 735
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to uses of balances in the inaugural fund and to
    1-3  restrictions on contributions made to or accepted by an inaugural
    1-4  committee or endowment fund committee; making appropriations.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  Subchapter A, Chapter 401, Government Code, is
    1-7  amended by adding Section 401.011 to read as follows:
    1-8        Sec. 401.011.  GOVERNOR'S ENDOWMENT FUND; LIEUTENANT
    1-9  GOVERNOR'S ENDOWMENT FUND.  (a)  To the extent that the balance of
   1-10  the inaugural fund exceeds $100,000 plus the amount necessary to
   1-11  cover fund obligations, on the date the inaugural committee is
   1-12  dissolved that balance shall be transferred in equal shares to
   1-13  accounts in the general revenue fund to be known respectively as
   1-14  the governor's endowment fund and the lieutenant governor's
   1-15  endowment fund.  The funds shall be administered and expended in
   1-16  accordance with this section.
   1-17        (b)  The funds may be expended for educational, historical,
   1-18  or charitable purposes, or for the improvement of state property,
   1-19  at the discretion of the respective governing committees.  The
   1-20  funds may be expended only for projects or purposes that solely or
   1-21  primarily benefit the State of Texas and Texas residents.
   1-22        (c)  The governor shall appoint three persons to the
   1-23  governor's endowment fund committee, and the lieutenant governor
   1-24  shall appoint three persons to the lieutenant governor's endowment
    2-1  fund committee.  Notwithstanding other law, the spouse of the
    2-2  governor or lieutenant governor may be appointed to the committee.
    2-3        (d)  The governor or lieutenant governor, as applicable,
    2-4  shall designate the chair of the committee.  Members of the
    2-5  committee serve for terms of two years, expiring on the third
    2-6  Tuesday in January in odd-numbered years.  Committee members serve
    2-7  without compensation or reimbursement for travel or personal
    2-8  expenses incurred in carrying out committee duties.
    2-9        (e)  In addition to the transfer from the inaugural fund,
   2-10  each committee may accept contributions of money for deposit in the
   2-11  appropriate fund or gifts of services in support of committee
   2-12  activities.
   2-13        (f)  Not later than October 1 of each year, each committee
   2-14  shall file a report with the secretary of state detailing
   2-15  contributions received and expenditures made during the 12 months
   2-16  ending on the September 1 preceding the report.  The secretary
   2-17  shall publish each report in the Texas Register.
   2-18        (g)  Each committee is a governmental body for purposes of
   2-19  Chapters 551 and 552 but is not subject to Chapter 2001.
   2-20        (h)  Sections 403.094 and 403.095 do not apply to the
   2-21  governor's endowment fund or the lieutenant governor's endowment
   2-22  fund.
   2-23        SECTION 2.  Subchapter A, Chapter 401, Government Code, is
   2-24  amended by adding Section 401.012 to read as follows:
   2-25        Sec. 401.012.  RESTRICTIONS ON CONTRIBUTIONS TO COMMITTEES
   2-26  DURING REGULAR LEGISLATIVE SESSION.  (a)  During a year in which an
   2-27  inauguration is held, a person may not knowingly make a
    3-1  contribution to the inaugural committee or to an endowment fund
    3-2  committee during the period beginning on the day after the date of
    3-3  the inauguration and continuing through the day of final
    3-4  adjournment of a regular legislative session.
    3-5        (b)  During a year in which an inauguration is not held, a
    3-6  person may not knowingly make a contribution to an endowment fund
    3-7  committee during the period beginning on the 30th day before the
    3-8  date a regular legislative session convenes and continuing through
    3-9  the day of final adjournment.
   3-10        (c)  An inaugural committee or endowment fund committee may
   3-11  not knowingly accept a contribution during the period prescribed by
   3-12  Subsection (a) or (b).
   3-13        SECTION 3.  For the biennium ending August 31, 1995, the
   3-14  balance of the governor's endowment fund and the lieutenant
   3-15  governor's endowment fund is appropriated to the respective
   3-16  committees established pursuant to Section 401.011, Government
   3-17  Code, as added by this Act, for the purposes provided by that
   3-18  section.
   3-19        SECTION 4.  The importance of this legislation and the
   3-20  crowded condition of the calendars in both houses create an
   3-21  emergency and an imperative public necessity that the
   3-22  constitutional rule requiring bills to be read on three several
   3-23  days in each house be suspended, and this rule is hereby suspended,
   3-24  and that this Act take effect and be in force from and after its
   3-25  passage, and it is so enacted.