1-1 AN ACT
1-2 relating to a trust fund for the purpose of maintaining and
1-3 preserving the Capitol, the General Land Office Building, their
1-4 contents, and their grounds.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 443.0103, Government Code, is reenacted
1-7 and amended to read as follows:
1-8 Sec. 443.0103. CAPITAL [CAPITOL] RENEWAL TRUST FUND
1-9 [ACCOUNT]. (a) The capital [Capitol] renewal trust fund is created
1-10 as a trust fund outside the treasury with the comptroller and shall
1-11 be administered by the board, as a trustee on behalf of the people
1-12 of this state, to maintain and preserve the Capitol, the General
1-13 Land Office Building, their contents, and their grounds. The fund
1-14 [account is a special account in the general revenue fund and]
1-15 consists of money transferred to [appropriated for the purpose of]
1-16 the fund:
1-17 (1) at the direction of the legislature; or
1-18 (2) in accordance with this section [account].
1-19 (b) Money in the fund [account] may be used only for the
1-20 purpose of maintaining and preserving the Capitol, the General Land
1-21 Office Building, their contents, and their grounds.
1-22 (c) The [pro rata portion of] interest received from
1-23 investment of money in the [general revenue] fund shall be credited
1-24 to the fund [account].
2-1 (d) The board may transfer money from any account of the
2-2 Capitol fund to the capital renewal trust fund, other than money
2-3 that was donated to the board, derived from a security or other
2-4 thing of value donated to the board, or earned as interest or other
2-5 income on a donation to the board, if the board determines that
2-6 after the transfer there will be a sufficient amount of money in
2-7 the applicable account of the Capitol fund to accomplish the
2-8 purposes for which the account was created. [The account is exempt
2-9 from the application of Sections 403.095 and 404.071.]
2-10 SECTION 2. On August 31, 2001, the comptroller shall transfer
2-11 the unexpended balance of the appropriations to the State
2-12 Preservation Board for the state fiscal biennium ending August 31,
2-13 2001, not to exceed $6.7 million, to the capital renewal trust fund
2-14 established under Section 443.0103, Government Code, as amended by
2-15 this Act.
2-16 SECTION 3. This Act takes effect August 31, 2001.
_______________________________ _______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 2796 was passed by the House on April
20, 2001, by the following vote: Yeas 142, Nays 0, 2 present, not
voting.
_______________________________
Chief Clerk of the House
I certify that H.B. No. 2796 was passed by the Senate on May
15, 2001, by the following vote: Yeas 30, Nays 0, 1 present, not
voting.
_______________________________
Secretary of the Senate
APPROVED: __________________________
Date
__________________________
Governor