84R9944 YDB-D
By: Guillen H.J.R. No. 120
A JOINT RESOLUTION proposing a constitutional amendment to establish the Alamo preservation fund and make a one-time transfer of money from the economic stabilization fund to the Alamo preservation fund.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article III, Texas Constitution, is amended by adding Section 49-q to read as follows:
Sec. 49-q. ALAMO PRESERVATION FUND. (a) The Alamo preservation fund is a special fund in the state treasury outside the general revenue fund. The comptroller shall credit to the
Alamo preservation fund the interest on and other earnings of the fund. The legislature may appropriate money for deposit to the
Alamo preservation fund and by general law may provide for money or other property to be deposited to the fund.
(b) Money may be spent from the fund, without the necessity of legislative appropriation, as provided by general law and only for the restoration, preservation, maintenance, operation, and development of the Alamo and its surrounding property.
SECTION 2. The following temporary provision is added to the
Texas Constitution:
TEMPORARY PROVISION. (a) This temporary provision applies to the constitutional amendment proposed by the 84th Legislature,
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H.J.R. No. 120
Regular Session, 2015, to establish the Alamo preservation fund and make a one-time transfer of money from the economic stabilization fund to the Alamo preservation fund.
(b) On January 1, 2016, the comptroller of public accounts shall transfer $250 million from the economic stabilization fund established under Section 49-g, Article III, Texas Constitution, to the Alamo preservation fund established under Section 49-q, Article
III, Texas Constitution.
(c) This temporary provision expires December 1, 2017.
SECTION 3. This proposed constitutional amendment shall be submitted to the voters at an election to be held November 3, 2015.
The ballot shall be printed to provide for voting for or against the proposition: "The constitutional amendment to establish the
Alamo preservation fund and make a one-time transfer of money from the economic stabilization fund to the Alamo preservation fund."
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