89R138 ANG-F     By: Paul H.B. No. 1089       A BILL TO BE ENTITLED   AN ACT   relating to creation of the gulf coast protection account to be   administered by the General Land Office.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter C, Chapter 31, Natural Resources   Code, is amended by adding Section 31.070 to read as follows:          Sec. 31.070.  GULF COAST PROTECTION ACCOUNT. (a)  The gulf   coast protection account is a dedicated account in the general   revenue fund administered by the land office under this section and   rules adopted by the land office.          (b)  The gulf coast protection account consists of:                (1)  money from gifts, donations, and grants; and                (2)  money appropriated, credited, or transferred to   the account by the legislature.          (c)  Money in the gulf coast protection account may be used   only to pay for expenditures that:                (1)  are necessary to fulfill nonfederal sponsor   obligations under agreements with the United States Army Corps of   Engineers for implementing projects included in the plan   recommended by the Coastal Texas Protection and Restoration   Feasibility Study Final Report and Final Environmental Impact   Statement dated August 2021 issued by the Galveston District,   Southwestern Division, of the United States Army Corps of Engineers   and the land office;                (2)  comply with the terms of a local cooperation   agreement executed by the land office and the Gulf Coast Protection   District established under Chapter 9502, Special District Local   Laws Code; and                (3)  are for projects that:                      (A)  are necessary or useful for the protection of   the portion of the gulf coast located within the territory of the   district; or                      (B)  would benefit the district and are designated   as Coastal Storm Risk Management Projects within the Coastal Texas   Study.          (d)  The legislature finds that the expenditure of money in   the gulf coast protection account in accordance with Subsection (c)   serves a public purpose.          (e)  The expenditure of money in the gulf coast protection   account is subject to audit by the state auditor.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.