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.