1-1 AN ACT 1-2 relating to uses of balances in the inaugural fund. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Subchapter A, Chapter 401, Government Code, is 1-5 amended by adding Section 401.011 to read as follows: 1-6 Sec. 401.011. INAUGURAL ENDOWMENT FUND. (a) To the extent 1-7 that the balance of the inaugural fund exceeds $100,000 plus the 1-8 amount necessary to cover fund obligations, on the date the 1-9 inaugural committee appointed for an inauguration is dissolved that 1-10 balance shall be transferred to an account in the general revenue 1-11 fund to be known as the inaugural endowment fund. The fund shall 1-12 be administered and expended in accordance with this section. 1-13 (b) The fund may be expended for decorating, furnishing, 1-14 preserving, or improving the Capitol, the Governor's Mansion, or 1-15 other state property of historical significance or for grants in 1-16 support of public schools, public libraries, or other charitable 1-17 causes at the discretion of the inaugural endowment fund committee. 1-18 (c) The inaugural endowment fund committee is composed of 1-19 the chair of the Texas Historical Commission, a person appointed by 1-20 the governor, a person appointed by the lieutenant governor, and a 1-21 person appointed by the speaker of the house of representatives. 1-22 Notwithstanding other law, the spouse of the governor, of a member 1-23 of the legislature, or of another state officer may be appointed to 1-24 the committee. The governor shall designate the chair of the 2-1 committee from among the members. 2-2 (d) Appointed members of the committee serve for terms of 2-3 two years, expiring on the third Tuesday in January in odd-numbered 2-4 years. Committee members serve without compensation or 2-5 reimbursement for travel or personal expenses incurred in carrying 2-6 out committee duties, except that the service of the chair of the 2-7 Texas Historical Commission is considered an additional duty of 2-8 that office and expenses for that person shall be reimbursed by the 2-9 commission to the same extent as for performance of other 2-10 commission duties. 2-11 (e) Operations of the committee may not be conducted at 2-12 state expense, and committee functions may not be carried out 2-13 through the use of state personnel or equipment. 2-14 (f) Not later than October 1 of each year, the committee 2-15 shall file a report with the secretary of state detailing 2-16 expenditures made during the 12 months ending on the August 31 2-17 preceding the report. The secretary of state shall publish the 2-18 report in the Texas Register. 2-19 (g) The committee is a governmental body for purposes of 2-20 Chapters 551 and 552 but is not subject to Chapter 2001. 2-21 (h) Section 403.095 does not apply to the inaugural 2-22 endowment fund. 2-23 SECTION 2. (a) This Act takes effect February 1, 2003. 2-24 (b) The governor, lieutenant governor, and speaker of the 2-25 house of representatives shall make the initial appointments to the 2-26 inaugural endowment fund committee not later than March 1, 2003. _______________________________ _______________________________ President of the Senate Speaker of the House I certify that H.B. No. 2439 was passed by the House on April 27, 2001, by a non-record vote; and that the House concurred in Senate amendments to H.B. No. 2439 on May 25, 2001, by a non-record vote. _______________________________ Chief Clerk of the House I certify that H.B. No. 2439 was passed by the Senate, with amendments, on May 18, 2001, by a viva-voce vote. _______________________________ Secretary of the Senate APPROVED: __________________________ Date __________________________ Governor