84(R) - 2015
Relating to the creation of the State Cemetery preservation trust fund.
A fiscal note date April 3, 2015 anticipates no fiscal implications to the State or to units of local government.
Senate Bill 574 would create the State Cemetery Trust Fund.
The Fund would consists of appropriated or transferred money (including the transfer of an amount of money equal to the portion of the proceeds attributable to the sale of the property subject to Section 2165.256 (b-1) of the Government Code), gifts, grants, or bequests of money, securities, services, or property to carry out any purpose of the State Cemetery Committee, and interest from investment of the money in the fund.
The money from the fund could only be used to maintain, renovate, repair or improve the State Cemetery, or acquire land to expand it.
Vote Recommendation Notes
Senate Bill 574 would create the State Cemetery Preservation Trust Fund and would use part of the proceeds of the sale of property formerly owned by the Texas Department of Transportation (the proceeds coming from the portion of property that was dedicated for Texas State Cemetery use), to start funding it.
Although appropriations could be made to the fund in the future, and we usually do not support the creation of new funds, Senate Bill 574 does not presently require new appropriations. Instead, it uses money from the sale of property that was considered not needed anymore, in order for the State Cemetery Committee to help maintain the State Cemetery. This is an example of restriction in government spending. As a consequence, we support Senate Bill 574.