Bill Text: TX HB5213 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the Texas Media Production Fund.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-24 - Referred to Culture, Recreation & Tourism [HB5213 Detail]
Download: Texas-2023-HB5213-Introduced.html
| By: Bell of Montgomery | H.B. No. 5213 | |
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| relating to the Texas Media Production Fund. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| ARTICLE 1. TEXAS MEDIA PRODUCTION FUND | ||
| SECTION 1. Subchapter C, Chapter 485, Government Code, is | ||
| amended by adding Section 485.048 to read as follows: | ||
| Sec. 485.048. TEXAS MEDIA PRODUCTION. (a) In this section, | ||
| "Fund" means the Texas Media Production Fund established under | ||
| Section 485.047, Government Code. | ||
| (b) The Texas Media Production Fund is established as a trust | ||
| fund outside the state treasury to be held by the comptroller and | ||
| administered by the commission as trustee. Money in the fund may be | ||
| spent without legislative appropriation and may be used only as | ||
| provided by this chapter. Separate accounts may be established in | ||
| the Texas Media Production Fund as determined by the Comptroller. | ||
| Interest and other earnings on the balance of the fund shall be | ||
| credited to the fund. | ||
| (c) The fund consists of: | ||
| (1) money transferred or deposited to the credit of | ||
| the fund by general law, | ||
| (2) the proceeds of any fee or tax imposed by this | ||
| state that by statute is dedicated for deposit to the credit of the | ||
| fund; | ||
| (3) any other revenue that the legislature by statute | ||
| dedicates for deposit to the credit of the fund; | ||
| (4) investment earnings and interest earned on amounts | ||
| credited to the fund; or | ||
| (5) appropriations of state or federal funds as | ||
| determined by the Legislature. | ||
| (d) This fund may only be used for purposes allowed under | ||
| Chapter 485, Subchapter B, Government Code. | ||
| SECTION 2. Section 156.2511, Tax Code, is amended to read as | ||
| follows: | ||
| Sec. 156.2511. ALLOCATION OF CERTAIN REVENUE. (a) Not | ||
| later than the last day of the month following a calendar quarter, | ||
| the comptroller shall: | ||
| (1) compute the amount of revenue derived from the | ||
| collection of taxes imposed under this chapter at a rate of two | ||
| percent and received from hotels located in an eligible coastal | ||
| municipality that has created a park board of trustees to | ||
| administer public beaches under Chapter 306, Local Government Code; | ||
| and | ||
| (2) issue to the eligible coastal municipality a | ||
| warrant drawn on the general revenue fund in the amount computed | ||
| under Subdivision (1). | ||
| (b) An eligible coastal municipality may use money received | ||
| under this section only to clean and maintain public beaches in that | ||
| municipality. | ||
| (c) Section 403.094(h), Government Code, does not apply to | ||
| funds described by Subsection (a). | ||
| (d) In this section: | ||
| (1) "Eligible coastal municipality" has the meaning | ||
| assigned by Section 351.001. | ||
| (2) "Clean and maintain" has the meaning assigned by | ||
| Section 61.063, Natural Resources Code. | ||
| (e) On September 1 of each fiscal year an amount not to | ||
| exceed $50,000,000 per year shall be transferred to the Texas Media | ||
| Production Fund by appropriation from the Comptroller's Fiscal | ||
| Affairs Programs in the General Appropriations Act. | ||
| SECTION 3. Except as otherwise provided by this Act, this | ||
| Act takes effect September 1, 2023. | ||
