84R8427 CJC-D
 
  By: Naishtat H.B. No. 1545
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the creation of the State Cemetery preservation trust
  fund.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter F, Chapter 2165, Government Code, is
  amended by adding Section 2165.2565 to read as follows:
         Sec. 2165.2565.  STATE CEMETERY PRESERVATION TRUST FUND.
  (a) The State Cemetery preservation trust fund is created as a
  trust fund outside the state treasury to be held with the
  comptroller in trust. The State Cemetery Committee shall
  administer the fund as trustee on behalf of the people of this
  state. The fund consists of money:
               (1)  transferred or appropriated to the fund; and
               (2)  received by the State Cemetery Committee under
  Section 2165.256(s) and deposited to the fund by the committee.
         (b)  The interest received from investment of money in the
  fund shall be credited to the fund.
         (c)  Money in the fund may be used only to:
               (1)  maintain, renovate, make major repairs or capital
  improvements to, or preserve the State Cemetery, as determined by
  the State Cemetery Committee; or
               (2)  acquire land in close proximity to the State
  Cemetery for expansion of the cemetery.
         SECTION 2.  Notwithstanding Section 222.002, Transportation
  Code, or any other law, as soon as practicable after the sale of
  property that is the subject of Section 2165.256(b-1), Government
  Code, the comptroller of public accounts shall transfer from the
  state highway fund to the State Cemetery preservation trust fund,
  as created by this Act, an amount of money equal to the portion of
  the proceeds attributable to the sale of that property that is
  required to be deposited by the Texas Department of Transportation
  in a subaccount in the state highway fund for use by the State
  Cemetery Committee under the terms of a memorandum of understanding
  entered into between the department and the State Cemetery
  Committee.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2015.