Relating to the ship channel improvement revolving fund.

HB 4905 reorganizes the Ship Channel Improvement Revolving Fund by moving it from a separate account into the state highway fund, as required under Section 56.002 of the Texas Transportation Code. The bill directs the comptroller to transfer the existing unencumbered balance of the fund to this new account in the state highway fund upon enactment. This procedural change affects how the fund is administered (by the commission) and managed within state finances, with the bill taking effect immediately if approved by a two-thirds vote or on September 1, 2025, otherwise.