89R16241 KRM-D
 
  By: Paul H.B. No. 4538
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the transfer by the Parks and Wildlife Department to the
  General Land Office of a portion of the revenue derived from vessel
  registration fees to cover the cost of removing derelict vessels
  from waterways.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 11.032, Parks and Wildlife Code, is
  amended by amending Subsection (c) and adding Subsection (d) to
  read as follows:
         (c)  Not later than the 10th day of each month the department
  may transfer an amount not to exceed 15 percent of all amounts
  collected during the previous month from sources described by
  Subsection (b)(16) [(b)(15), (16),] or (22) to the state parks
  account.
         (d)  Not later than the 10th day of each month the
  department:
               (1)  may transfer an amount not to exceed 10 percent of
  all amounts collected during the previous month from a source
  described by Subsection (b)(15) to the state parks account; and
               (2)  shall transfer an amount equal to 5 percent of all
  amounts collected during the previous month from a source described
  by Subsection (b)(15) to the derelict vessels and structures
  account.
         SECTION 2.  Subchapter D, Chapter 40, Natural Resources
  Code, is amended by adding Section 40.163 to read as follows:
         Sec. 40.163.  DERELICT VESSELS AND STRUCTURES ACCOUNT. (a)
  The derelict vessels and structures account is a separate account
  in the general revenue fund.
         (b)  The account consists of:
               (1)  transfers made to the account under Section
  11.032(d)(2), Parks and Wildlife Code; and
               (2)  money appropriated to the General Land Office for
  the removal and disposal of any vessel or structure described by
  Section 40.108(a).
         (c)  The General Land Office may accept a gift, grant, or
  bequest of money, securities, services, or property to carry out
  any purpose related to the removal and disposal of any vessel or
  structure described by Section 40.108(a). All money or securities
  accepted under this subsection shall be deposited to the credit of
  the account.
         (d)  The General Land Office may use money in the account
  only to support the removal and disposal of any vessel or structure
  described by Section 40.108(a).
         (e)  Money in the account not used in a fiscal year remains in
  the account.
         SECTION 3.  This Act takes effect September 1, 2025.