The department must deposit specified revenue into the commercial license buyback subaccount, may accept grants and donations for it, and the money may be used only to buy back a commercial license from a willing license holder.
Sec. 47.041. COMMERCIAL LICENSE BUYBACK SUBACCOUNT. (a) The commercial license buyback subaccount is a subaccount in the game, fish, and water safety account. The subaccount consists of money deposited to the subaccount under this section. (b) The department shall deposit to the credit of the commercial license buyback subaccount revenue from the following sources: (1) revenue set aside under Section 47.081(d); (2) revenue set aside under Section 78.111(d); (3) a fee collected under Section 77.115; (4) $25 of each wholesale fish dealer's license issued under Section 47.009; (5) $25 of each wholesale truck dealer's fish license issued under Section 47.010; (6) $6 of each retail fish dealer's license issued under Section 47.011; (7) $11 of each retail dealer's truck license issued under Section 47.013; (8) $25 of each commercial bay shrimp boat license issued under Section 77.031; (9) $25 of each commercial bait-shrimp boat license issued under Section 77.033; (10) $25 of each commercial gulf shrimp boat license issued under Section 77.035; (11) $15 of each bait-shrimp dealer's license issued under Section 77.043; and (12) revenue from any other source authorized by law. (c) The department may accept grants and donations of money or materials from private or public sources to be applied to the commercial license buyback subaccount. (d) Money in the commercial license buyback subaccount may be used only to buy back a commercial license from a willing license holder. (e) The commercial license buyback subaccount is not subject to Section 403.095, Government Code. Added by Acts 2017, 85th Leg., R.S., Ch. 1034 (H.B. 1724), Sec. 2, eff. September 1, 2017. SUBCHAPTER C. PENALTIES, DISPLAY OF LICENSE, AND TRANSFER OF FUNDS