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TX HB4538
Bill
Status
3/12/2025
Primary Sponsor
Dennis Paul
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AI Summary
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Requires the Parks and Wildlife Department to transfer 5% of monthly vessel registration fee collections to a new "derelict vessels and structures account" managed by the General Land Office
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Creates the derelict vessels and structures account as a separate account in the general revenue fund specifically for removing abandoned vessels and structures from Texas waterways
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Reduces the optional transfer to the state parks account from sources including vessel registration fees from 15% to 10% for those particular revenue sources
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Authorizes the General Land Office to accept gifts, grants, bequests, and appropriations for the account to support derelict vessel removal and disposal
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Unused funds in the derelict vessels and structures account carry over to the next fiscal year rather than lapsing
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Takes effect September 1, 2025
Legislative Description
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.
State Finances
Last Action
Left pending in committee
5/8/2025