Section 2165.403. Deferred Maintenance Fund Account

TX Govt Code § 2165.403 (2019) (N/A)
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Sec. 2165.403. DEFERRED MAINTENANCE FUND ACCOUNT. (a) The fund is an account in the general revenue fund.

(b) The fund consists of money appropriated, credited, or transferred to the fund by or at the direction of the legislature.

(c) Section 403.095 does not apply to the fund.

(d) The use of money credited to the fund by appropriation or transfer from the game, fish, and water safety account, the lifetime license endowment account, or another fund or account in the state treasury the use of which is subject to restrictions under the federal Sport Fish Restoration Act (16 U.S.C. Section 777 et seq.), the federal Wildlife Restoration Act (16 U.S.C. Section 669 et seq.), or other federal law, and the use of money earned as interest or other earnings on the investment of that money credited to the fund, continues to be subject to those federal restrictions and may be used only for a function required to manage this state's fish or wildlife resources in accordance with those federal restrictions.

Added by Acts 2015, 84th Leg., R.S., Ch. 212 (S.B. 2004), Sec. 2, eff. May 28, 2015.

Amended by:

Acts 2017, 85th Leg., R.S., Ch. 371 (H.B. 3537), Sec. 1, eff. June 1, 2017.

For expiration of this section, see Subsection (j).