Texas Government Code 2165.403 – Deferred Maintenance Fund Account
Current as of: 2024 | Check for updates
|
Other versions
(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, including interest and other earnings on money in the fund.
Terms Used In Texas Government Code 2165.403
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
(c) § 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. § 777 et seq.), the federal Wildlife Restoration Act (16 U.S.C. § 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.