HB4538 - 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.

  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.