85R8602 CJC-F
By: Miller, et al. H.B. No. 1492
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 Section 442.054, Government Code, is repealed.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.