Texas Government Code 443.0295 – Governor’s Mansion Renewal Trust Fund
Current as of: 2024 | Check for updates
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(a) The Governor’s Mansion renewal trust fund is created as a trust fund outside the treasury with the comptroller and shall be administered by the board, as a trustee on behalf of the people of this state, to maintain and preserve the Governor’s Mansion. The fund consists of:
(1) money transferred to the fund at the direction of the legislature; and
(2) money donated to the board for the purposes of preserving and maintaining the Governor’s Mansion.
(b) Money in the fund may be used only for the purpose of performing major repairs to or preserving the Governor’s Mansion, as determined by the board.
Terms Used In Texas Government Code 443.0295
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Trustee: A person or institution holding and administering property in trust.
(c) The interest received from investment of money in the fund shall be credited to the fund.
Text of section effective until September 01, 2024