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A BILL TO BE ENTITLED
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AN ACT
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relating to the creation of the State Cemetery preservation trust |
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fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter F, Chapter 2165, Government Code, is |
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amended by adding Section 2165.2565 to read as follows: |
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Sec. 2165.2565. STATE CEMETERY PRESERVATION TRUST FUND. |
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(a) The State Cemetery preservation trust fund is created as a |
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trust fund outside the state treasury to be held with the |
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comptroller in trust. The State Cemetery Committee shall |
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administer the fund as trustee on behalf of the people of this |
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state. The fund consists of money: |
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(1) transferred or appropriated to the fund; and |
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(2) received by the State Cemetery Committee under |
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Section 2165.256(s) and deposited to the fund by the committee. |
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(b) The interest received from investment of money in the |
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fund shall be credited to the fund. |
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(c) Money in the fund may be used only to: |
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(1) maintain, renovate, make major repairs or capital |
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improvements to, or preserve the State Cemetery, as determined by |
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the State Cemetery Committee; or |
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(2) acquire land in close proximity to the State |
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Cemetery for expansion of the cemetery. |
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SECTION 2. Notwithstanding Section 222.002, Transportation |
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Code, or any other law, as soon as practicable after the sale of |
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property that is the subject of Section 2165.256(b-1), Government |
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Code, the comptroller of public accounts shall transfer from the |
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state highway fund to the State Cemetery preservation trust fund, |
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as created by this Act, an amount of money equal to the portion of |
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the proceeds attributable to the sale of that property that is |
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required to be deposited by the Texas Department of Transportation |
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in a subaccount in the state highway fund for use by the State |
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Cemetery Committee under the terms of a memorandum of understanding |
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entered into between the department and the State Cemetery |
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Committee. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |