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Summary: The Texas preservation trust fund gives financial assistance to public and private entities to support historic preservation projects. 2007 legislation stipulated that the comptroller would manage the account to increase the amount of interest earned on the fund to make more money available for grants. 2011 legislation, however, transferred fund assets to the state treasury to fund Texas Historical Commission operations. HB 3651 would ensure that the fund’s assets are returned to the comptroller’s management and seeks to ensure that current fund assets are available to earn interest to fund preservation grants.