1-1 By: Wentworth S.B. No. 832
1-2 (In the Senate - Filed March 1, 1995; March 1, 1995, read
1-3 first time and referred to Committee on State Affairs;
1-4 March 9, 1995, reported favorably, as amended, by the following
1-5 vote: Yeas 10, Nays 1; March 9, 1995, sent to printer.)
1-6 COMMITTEE AMENDMENT NO. 1 By: Wentworth
1-7 Amend S.B. No. 832, SECTION 1, Sec. 5q., Subsection (k), (page 3,
1-8 line 13, introduced version; page 2, line 8, committee printing) as
1-9 follows: between "in" and "entirety" by striking "their" and
1-10 inserting "its" in lieu thereof.
1-11 A BILL TO BE ENTITLED
1-12 AN ACT
1-13 providing for the issuance of specially designed Texas license
1-14 plates for the United States Olympic Committee.
1-15 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-16 SECTION 1. Chapter 88, General Laws, Acts of the 41st
1-17 Legislature, 2nd Called Session, 1929 (Article 6675a-1 et seq.,
1-18 Vernon's Texas Civil Statutes), is amended by adding Section 5q to
1-19 read as follows:
1-20 Sec. 5q. (a) The department shall provide for the issuance
1-21 of special United States Olympic Committee plates for passenger
1-22 cars and light commercial motor vehicles having a manufacturer's
1-23 rated carrying capacity of one ton or less.
1-24 (b) The license plates must bear the words "United States
1-25 Olympic Committee" and be of a color, quality, and design approved
1-26 by the United States Olympic Committee.
1-27 (c) The department shall issue plates under this section to
1-28 a person who:
1-29 (1) applies to the county tax collector in the county
1-30 of the person's residence on a form provided by the department; and
1-31 (2) pays the fee prescribed by Subsection (e) of this
1-32 section.
1-33 (d) A person applying for license plates under this section
1-34 may:
1-35 (1) have a license plate number assigned by the
1-36 department; or
1-37 (2) apply for personalized prestige license plates
1-38 under this Act.
1-39 (e) The fee for issuance of special license plates under
1-40 this section is $50 for each year in which the vehicle is
1-41 registered in addition to the regular registration fee for the
1-42 vehicle imposed by Section 5 of this Act and, if personalized
1-43 prestige license plates are issued, in addition to the fee imposed
1-44 by this Act.
1-45 (f) There is created in the state's general revenues a
1-46 special nonlapsing fund to be known as the U.S. Olympics trust
1-47 fund--Texas. Money deposited in the fund shall be dedicated to the
1-48 purposes set forth in Subsection (k) of this section. Money held
1-49 in this account shall be held in interest-bearing accounts in
1-50 public depositories authorized by law and may be invested and
1-51 reinvested in such securities as are approved by the state.
1-52 Interest earned or other money from appropriated state funds or any
1-53 other source deposited into the U.S. Olympics trust fund--Texas
1-54 becomes a part of the trust fund and available for use as
1-55 prescribed for the fund.
1-56 (g) The department shall deposit $45 of each fee collected
1-57 under this section in the state treasury to the credit of an
1-58 account in the U.S. Olympics trust fund--Texas.
1-59 (h) The department shall deposit the remainder of each fee
1-60 collected under this section after deposit as provided by
1-61 Subsection (g) of this section in the state treasury to the credit
1-62 of the state highway fund to be used only to defray the cost of
1-63 administering this section.
1-64 (i) If license plates issued under this section are lost,
1-65 stolen, or mutilated, the owner of the vehicle for which the plates
1-66 were issued may obtain replacement plates from the department by
1-67 paying a replacement fee of $5. If the owner of a vehicle for
1-68 which plates were issued under this section disposes of the vehicle
2-1 during a registration year, the person shall return the special
2-2 license plates to the department.
2-3 (j) There is no limit to the number of passenger cars and
2-4 light commercial motor vehicles for which the person may apply for
2-5 issuance of license plates under this section.
2-6 (k) Money deposited in the U.S. Olympics trust fund--Texas
2-7 shall be allocated in their entirety to the United States Olympic
2-8 Committee established and authorized under the Amateur Sports Act
2-9 of 1978 (Pub. L. 95-606) (36 U.S.C. Section 371 et seq.), to be
2-10 used by the United States Olympic Committee, 50 percent for the
2-11 training and development of Texas Olympians and Olympic hopeful
2-12 athletes, as identified by the United States Olympic Committee, and
2-13 50 percent for the training and development of other United States
2-14 amateur athletes and Olympians identified by the United States
2-15 Olympic Committee. The funds in the U.S. Olympics trust
2-16 fund--Texas shall be transferred from the U.S. Olympics trust
2-17 fund--Texas to the United States Olympic Committee no more than one
2-18 time per calendar year as determined by the department.
2-19 SECTION 2. The importance of this legislation and the
2-20 crowded condition of the calendars in both houses create an
2-21 emergency and an imperative public necessity that the
2-22 constitutional rule requiring bills to be read on three several
2-23 days in each house be suspended, and this rule is hereby suspended.
2-24 * * * * *