1-1 AN ACT 1-2 relating to authorizing the issuance of not more than $9 million in 1-3 revenue bonds for the benefit of the Fleet Admiral Chester W. 1-4 Nimitz Memorial Naval Museum. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subchapter Q, Chapter 22, Parks and Wildlife 1-7 Code, is amended by adding Section 22.233 to read as follows: 1-8 Sec. 22.233. REVENUE BONDS FOR MUSEUM. (a) The department, 1-9 by resolution of the commission, may request the Texas Public 1-10 Finance Authority to issue revenue bonds or other revenue 1-11 obligations to finance the repair, renovation, improvement, 1-12 expansion, and equipping of the Nimitz museum for one or more 1-13 projects not to exceed an aggregated estimated cost of $9 million. 1-14 (b) On receipt of a request by the department under this 1-15 section, the Texas Public Finance Authority shall promptly issue 1-16 the bonds or other revenue obligations under and in accordance with 1-17 Chapter 1232, Government Code. 1-18 (c) The department shall deposit the proceeds of revenue 1-19 bonds or other revenue obligations issued under this section to the 1-20 credit of the Texas parks and wildlife conservation and capital 1-21 account and may use the proceeds only to finance the repair, 1-22 renovation, improvement, expansion, and equipping of the museum. 1-23 (d) Notwithstanding any other law, the department may 1-24 contract with the Admiral Nimitz Foundation for the renovation, 1-25 improvement, or expansion of the museum. 2-1 (e) The department may accept contributions from the Admiral 2-2 Nimitz Foundation and other sources in connection with the repair, 2-3 renovation, improvement, expansion, equipping, or operation of the 2-4 museum. 2-5 SECTION 2. This Act takes effect immediately if it receives 2-6 a vote of two-thirds of all the members elected to each house, as 2-7 provided by Section 39, Article III, Texas Constitution. If this 2-8 Act does not receive the vote necessary for immediate effect, this 2-9 Act takes effect September 1, 2001. S.B. No. 1173 _______________________________ _______________________________ President of the Senate Speaker of the House I hereby certify that S.B. No. 1173 passed the Senate on May 2, 2001, by the following vote: Yeas 28, Nays 1, one present not voting; May 25, 2001, Senate refused to concur in House amendments and requested appointment of Conference Committee; May 25, 2001, House granted request of the Senate; May 27, 2001, Senate adopted Conference Committee Report by the following vote: Yeas 30, Nays 0, one present not voting. _______________________________ Secretary of the Senate I hereby certify that S.B. No. 1173 passed the House, with amendments, on May 23, 2001, by the following vote: Yeas 145, Nays 0, two present not voting; May 25, 2001, House granted request of the Senate for appointment of Conference Committee; May 27, 2001, House adopted Conference Committee Report by the following vote: Yeas 144, Nays 0, one present not voting. _______________________________ Chief Clerk of the House Approved: _______________________________ Date _______________________________ Governor