85R8602 CJC-F
 
  By: Buckingham, Hinojosa S.B. No. 694
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the creation of the National Museum of the Pacific War
  museum fund.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 442.053(c), Government Code, is amended
  to read as follows:
         (c)  The commission shall deposit the proceeds of revenue
  bonds or other revenue obligations issued under this section in
  accordance with Chapter 1232 [to the credit of the National Museum
  of the Pacific War account] and may use the proceeds only to finance
  the repair, renovation, improvement, expansion, and equipping of
  the museum.
         SECTION 2.  Subchapter B, Chapter 442, Government Code, is
  amended by adding Section 442.056 to read as follows:
         Sec. 442.056.  NATIONAL MUSEUM OF THE PACIFIC WAR MUSEUM
  FUND. (a) In this section:
               (1)  "Commission" means the Texas Historical
  Commission.
               (2)  "Fund" means the National Museum of the Pacific
  War museum fund.
         (b)  The National Museum of the Pacific War museum fund is
  created as a fund outside the state treasury. The commission shall
  administer the fund but may contract with the Admiral Nimitz
  Foundation for administration of the fund. The fund consists of:
               (1)  admissions revenue from operation of the museum;
  and
               (2)  donations made to the commission for the museum.
         (c)  Money in the fund may be spent without appropriation and
  only to administer, operate, preserve, repair, expand, or otherwise
  maintain the museum.
         (d)  Interest and income from the assets of the fund shall be
  credited to and deposited in the fund.
         SECTION 3.  Section 442.054, Government Code, is repealed.
         SECTION 4.  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, 2017.