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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 National Museum of the Pacific War |
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museum fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 442.053(c), Government Code, is amended |
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to read as follows: |
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(c) The commission shall deposit the proceeds of revenue |
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bonds or other revenue obligations issued under this section in |
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accordance with Chapter 1232 [to the credit of the National Museum
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of the Pacific War account] and may use the proceeds only to finance |
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the repair, renovation, improvement, expansion, and equipping of |
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the museum. |
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SECTION 2. Subchapter B, Chapter 442, Government Code, is |
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amended by adding Section 442.056 to read as follows: |
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Sec. 442.056. NATIONAL MUSEUM OF THE PACIFIC WAR MUSEUM |
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FUND. (a) In this section: |
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(1) "Commission" means the Texas Historical |
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Commission. |
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(2) "Fund" means the National Museum of the Pacific |
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War museum fund. |
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(b) The National Museum of the Pacific War museum fund is |
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created as a fund outside the state treasury. The commission shall |
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administer the fund but may contract with the Admiral Nimitz |
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Foundation for administration of the fund. The fund consists of: |
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(1) admissions revenue from operation of the museum; |
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and |
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(2) donations made to the commission for the museum. |
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(c) Money in the fund may be spent without appropriation and |
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only to administer, operate, preserve, repair, expand, or otherwise |
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maintain the museum. |
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(d) Interest and income from the assets of the fund shall be |
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credited to and deposited in the fund. |
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SECTION 3. Section 442.054, Government Code, is repealed. |
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SECTION 4. 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, 2017. |