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Texas Statutes (Last Updated: January 4, 2014) |
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PARKS AND WILDLIFE CODE |
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Title 2. PARKS AND WILDLIFE DEPARTMENT |
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Chapter 11. PARKS AND WILDLIFE DEPARTMENT |
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Subchapter C. SPECIAL ACCOUNTS |
Sec. 11.043. TEXAS PARKS AND WILDLIFE CONSERVATION AND CAPITAL ACCOUNT
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(a) The Texas parks and wildlife conservation and capital account is a separate account in the general revenue fund.
(b) The account consists of:
(1) the amount of credits made to the department under Section 151.801, Tax Code, after allocations to:
(A) the state parks account;
(B) the large county and municipality recreation and parks account; and
(C) the Texas recreation and parks account;
(2) proceeds of revenue bonds issued under Section 13.0045; and
(3) money from any other source authorized by law.
(c) Except as provided by Subsection (d), money in the account may be spent only for acquisition and development, maintenance, or operation of parks, fisheries, and wildlife projects that have been individually approved by the commission. Projects that directly provide hunting, fishing, or outdoor recreation opportunity to the public shall be given preference for funding under this section. Approved projects may include:
(1) acquiring land or facilities for use in any department program;
(2) developing and improving any land or facility owned or controlled by the department;
(3) servicing the debt on Texas park development bonds issued under Article III, Section 49-e, of the Texas Constitution or any other bonds issued for parks, fisheries, or wildlife projects;
(4) local park grants in Chapter 24 of this code;
(5) initiating or participating in partnerships to enhance conservation of historical, cultural, or natural resources;
(6) operational and maintenance costs in association with any parks, fisheries, wildlife projects, or department law enforcement efforts in support of this code; and
(7) meeting the requirements for providing matching money for any federal grants for parks, fisheries, or wildlife projects.
(d) The proceeds of bonds issued under Section 13.0045 and deposited to the account may be spent to finance parks and wildlife projects, including the repair, renovation, improvement, and equipping of parks and wildlife facilities.
(e) The comptroller may invest money in the account.