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.

HB 4538 requires the Parks and Wildlife Department to transfer 5% of monthly vessel registration fees (from source Subsection (b)(15)) to a new "derelict vessels and structures account" managed by the General Land Office. This fund will specifically cover the costs of removing abandoned boats and structures from Texas waterways. The bill creates a dedicated account within the general revenue fund, with money transferred monthly and allowed to carry over if unused in a fiscal year. It directly affects state agencies responsible for waterway maintenance and vessel regulation, providing a dedicated funding source for derelict vessel removal.