Texas 2017 - 85th 1st C.S.

Texas House Bill HB319

Caption

Relating to an appropriation of money from the economic stabilization fund for the repair, restoration, and permanent dry berthing of the Battleship "Texas."

Impact

The bill's enactment will have a direct impact on state laws concerning the allocation of resources from the economic stabilization fund. By earmarking these funds for the Battleship 'Texas,' the legislation emphasizes the state's commitment to cultural heritage and historical preservation. Alongside economic implications, the successful restoration of the battleship is expected to contribute to increased tourism in the area, potentially benefiting local economies. However, concerns might arise about the prioritization of such funding, particularly in relation to other pressing state needs.

Summary

House Bill 319 proposes a significant appropriation of $30 million from the economic stabilization fund to the Texas Parks and Wildlife Department, specifically directed towards the repair, restoration, and permanent dry berthing of the historic Battleship 'Texas.' This iconic vessel serves as a critical part of Texas's naval history and is recognized as a vital tourist attraction. The funding aims not only to preserve the ship but also to enhance its exhibition for public viewing, ensuring that it remains a cornerstone of educational and historical significance for future generations.

Contention

There are potential points of contention regarding the use of funds allocated from the economic stabilization fund. Critics may argue that while the preservation of historical sites is important, economic instability should take precedence in budget allocations, especially in times of financial hardship. Additionally, there may be debate surrounding the equitable distribution of state funds, with some advocating for broader community projects rather than a singular focus on a specific historical artifact. Stakeholders will likely discuss the long-term maintenance costs associated with the restoration efforts and whether the state's commitment is sustainable.

Companion Bills

No companion bills found.

Previously Filed As

TX HB5227

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the Texas legacy fund, and the state highway fund and to the management and investment of the economic stabilization fund, the Texas legacy fund, and the Texas legacy distribution fund.

TX HB1392

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, and the Grow Texas fund and to the permissible uses of money deposited to the Grow Texas fund.

TX SB30

Relating to supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.

TX HB500

Relating to supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.

TX HJR27

Proposing a constitutional amendment providing for the creation of and use of money in the Grow Texas fund and allocating certain general revenues to that fund, the economic stabilization fund, and the state highway fund.

TX HB2829

Relating to the relocation of the Battleship "Texas" after refurbishment.

TX HB2207

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, the property tax relief fund, and the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.

TX SJR56

Proposing a constitutional amendment to raise the maximum allowable amount of money in the economic stabilization fund.

TX HB2230

Relating to the determination of the sufficient balance of the economic stabilization fund for the purpose of allocating general revenue to that fund and the state highway fund.

TX HB3165

Relating to the establishment, administration, and use of the Texas land and water conservation fund.

Similar Bills

No similar bills found.